Question: Examine the posted Excel spreadsheet SimulatedTriangularDist, also attached here ( SimulatedTriangularDist . xIsx darr ) . This spreadsheet applies Monte Carlo method of simulation to

Examine the posted Excel spreadsheet "SimulatedTriangularDist", also attached here (SimulatedTriangularDist.xIsx darr ). This spreadsheet applies Monte Carlo method of simulation to the duration of three project tasks: TaskA, TaskB, and TaskC.
Answer the following questions (write your answers in following space:
a. What is the expected value E[x] of the duration of TaskA? of TaskB? of TaskC?
b. Which columns in tabs TaskA, TaskB, and TaskC contain uniformly distributed random numbers generated using "=rand()" function in Excel?
c. Which columns in tabs TaskA, TaskB, and TaskC contain numbers generated using the function shown in Slide 42 of Session 18?
 Examine the posted Excel spreadsheet "SimulatedTriangularDist", also attached here (SimulatedTriangularDist.xIsx darr

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!