Question: Based on the table, what is the probability that there will be a cost overrun of 50% or more? Between 20% and 30%? Near
Based on the table, what is the probability that there will be a cost overrun of 50% or more? Between 20% and 30%? Near what percent is the cost overrun most likely to be? C -20% -10% 0% 10% 20% 30% 40% 50% y 0.01 0.08 0.19 0.32 0.50 0.80 0.94 0.99 Enter the exact answers for the probabilities. Round your answer for the most likely amount of cost overrun to the nearest percent. The probability that there will be a cost overrun of 50% or more is 99 The probability that there will be a cost overrun between 20% and 30% is The most likely amount of cost overrun is 50 %. 30 %. %.
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