Question: An analyst developed a simulation model using Risk Solver Platform to estimate the time to complete the development of a new information system. The model

An analyst developed a simulation model using Risk Solver Platform to estimate the time to complete the development of a new information system. The model specifies a probability distribution for each task in the project plan, and then calculates the completion time. Data on the output measure Time to Complete (in days) is shown below. What is the approximate probability that the Time to Complete is greater than 201 days? Name Project Ends Description Output 180.2 356.7 247.4 31.2 971.8 0.4 Minimum Maximum Mean Std Deviation Variance Skewness Kurtosis Errors Mode 5% Perc 10% Perc 15% Perc 20% Perc 25% Perc 30% Perc 35% Perc 40% Perc 45% Perc 50% Perc 55% Perc 60% Perc 65% Perc 70% Perc 75% Perc 80% Perc 85% Perc 90% Perc 95% Perc 2.7 0.0 237.8 201.0 208.1 213.7 218.6 223.5 227.9 232.2 236.6 240.8 245.1 249.4 253.9 258.4 263.2 268.6 274.4 281.1 289.8 302.8
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