Given a cost estimate in the form Project Cost SQi Mi Wi Li and all random variables Q,M,W,L have a Normal Distribution Variable Mean Std Dev Q1 100 10 Q2 50 10 L1 1 1 L2 2 1 W1 20 2 W2 18 1 M1 10 2 M2 20 1

Question

Given a cost estimate in the form  Project Cost   SQi  Mi Wi Li  and all random variables  Q,M,W,L  have a Normal Distribution   Variable Mean Std  Dev  Q1 100 10 Q2 50 10 L1 1 1 L2 2 1 W1 20 2 W2 18 1 M1 10 2 M2 20 1

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Question: Given a cost estimate in the form: Project Cost = SQi[Mi+WiLi] and all random variables [Q,M,W,L] have a Normal Distribution - Variable Mean Std. Dev.

Step by Step Solution

Question: Given a cost estimate in the form: Project Cost = SQi*[Mi+Wi*Li] and all random variables [Q,M,W,L] have a Normal Distribution - Variable Mean Std. Dev.

Step by Step Solution

Question: Given a cost estimate in the form: Project Cost = SQi[Mi+WiLi] and all random variables [Q,M,W,L] have a Normal Distribution - Variable Mean Std. Dev.