Question: 7. For the Rosenberg Land Development problem (Problem 2 in Chapter 14), suppose that the construction costs are uncertain. Specifically, assume that the distribution of

7. For the Rosenberg Land Development problem (Problem 2 in Chapter 14), suppose that the construction costs are uncertain. Specifically, assume that the distribution of construction costs is normally distributed, with the mean values as given, and standard deviations equal to 15% of the mean. Using the optimal solution to the linear optimization model, find the probability of exceeding the budget after construction is started.

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