Question: A7-1 (Static) 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 (Static) Given the project information...

A7-1 (Static) Given the project information... Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 93- time units? Hint: Use the ENORM.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.) Critical? Acct. ID 1 2 3 4 5 6 7 Description Design package Design product Build package Secure patent Build product Paint Test market Predecessor Optimistic (a) Most Likely (m) None 6 12 1 16 19 1 4 7 2 24 27 2 17 29 3,4,5 4 7 6 13 Pessimistic Activity Time (b) (te) 24 13 28 20 10 7 36 28 47 30 10 7 19 16 Variance [(b-a)/612 9 4 1 4 25 16 1 The probability of completing the project in 93 time units is

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