Question: ( All answers were generated using 1 , 0 0 0 trials and native Excel functionality. ) duration estimates ( in days ) for each

(All answers were generated using 1,000 trials and native Excel functionality.)
duration estimates (in days) for each activity.
\table[[Activity,\table[[Immediate],[Predecessors]],\table[[Minimum],[Time]],\table[[Likely],[Time]],\table[[Maximum],[Time]]],[A: Negotiate contract with selected musicians,-,5,6,9],[B: Reserve site,-,8,12,15],[Logistical arrangements for music group,A,5,6,7],[D: Screen and hire security personnel,B,3,3,3],[E: Advertising and ticketing,B, C,1,5,9],[F: Hire parking staff,D,4,7,10],[G: Arrange concession sales,E,3,8,10]]
hand, activity E cannot be started until activities B and C are both completed. The project is not complete until all activities are completed.
(a) Using the triangular distribution to represent the duration of each activity, construct a simulation model to estimate the average amount of time to complete the concert preparations.
Round your answers to one decimal place.
\table[[,Project Duratic,],[Average,24.8,days],[Standard Deviation,1.9,days]]
(b) What is the likelihood that the project will be complete in 23 days or less?
Round your answer to the nearest whole number
 (All answers were generated using 1,000 trials and native Excel functionality.)

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