Question: 1. This question relates to a new project. It has an expected completion time of 25 weeks and a variance of 3.88.What is the probability

1. This question relates to a new project. It has an expected completion time of 25 weeks and a variance of 3.88.What is the probability of finishing between 24 and 23 weeks? Express as a percentage with one decimal place (i.e. 65.2).

2. This question relates to a new project. It has an expected completion time of 25 weeks and a variance of 3.88.What timeline would yield a 60% probability of completing? Express as a number of weeks with two decimal places.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!