Given the project in Problem 26, simulate the completion of the project 1000 times, assuming that the

Question:

Given the project in Problem 26, simulate the completion of the project 1000 times, assuming that the activity times follow a normal distribution and that the time estimates are made at the 95 percent level.

a. Determine the probability of each path becoming the critical path.

b. W hat is the probability that the project is completed in 23 weeks?

c. How do your answers compare with your answers in Problem 26?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...