Simulate Problem 27 to find the probabilities of project completion. Use a triangular distribution for defining activity

Question:

Simulate Problem 27 to find the probabilities of project completion. Use a triangular for defining activity time distributions. After a 1,000-trial simulation, examine the statistical information generated and compare the output of the simulation with your findings in Problem 27. Briefly explain the significant similarities and differences.

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...