1. You run a simulation of project completion time as shown in the figure below. Your...
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1. You run a simulation of project completion time as shown in the figure below. Your company bid this contract on completing the contract within 185 days. What is the probability of completing this project in less than 185 days? Show your work. Frequency Comparison Probability 0291 022 015 007 000 160.00 180.00 200.00 220.00 240.00 Normal Distribution Mean = 197.09 Std Dev 14.31 Project Duration 1. You run a simulation of project completion time as shown in the figure below. Your company bid this contract on completing the contract within 185 days. What is the probability of completing this project in less than 185 days? Show your work. Frequency Comparison Probability 0291 022 015 007 000 160.00 180.00 200.00 220.00 240.00 Normal Distribution Mean = 197.09 Std Dev 14.31 Project Duration
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Standard normal variate z x mean sd x is given as 185 mean is 1970... View the full answer
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Posted Date:
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