Question: A7-1 (Algo) Given the project information... Given the project information in the following table, what is the probability of completing the National Holiday Toy project

A7-1 (Algo) Given the project information...

A7-1 (Algo) Given the project information... Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 98-time units? Hint: Use the =NORM.S.DIST(Z, TRUE) function in Excel to compute the probability. (Carry at least 3 decimal places in all intermediate calculations and the Z value. Enter your final probability answer to 3 decimal places.) X 15 Acct. ID 1 2 3 4 5 6 7 Description Design package Design product Build package Secure patent Build product Paint Test market Optimistic Most Likely Pessimistic Activity Variance Predecessor (a) (b) Time (te) [(b - a)/6]2 Critical ? None 1 1 2 2 3,4,5 6 CO2+ + 21 17 12 19 7 30 29 7 17 24 28 10 39 47 10 19 13 19.83 7 30 30 7 16.67 9 4.69 1 9 25 1 1 X X X 13 Answer is complete but not entirely correct. The probability of completing the project in 98 time units is 0.910

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