Question: Given a simple Project like the one pictured above. Optimistic / Most Likely / Pessimist Times were assessed and Path Means and Path Standard Deviations
Given a simple Project like the one pictured above. Optimistic / Most Likely / Pessimist Times were assessed and Path Means and Path Standard Deviations were calculated. For Path 1-2-5 we have a Path Mean = 34 and a Path Standard Deviation = 4. For Path 1-3-4-5 we have a Path Mean = 33 and a Path Standard Deviation = 4. Determine both the Probability that Path 1-2-5 will finish in 34 Days or Less and the Probability that the Project will finish in 34 Days or Less.
Question 5 options:
|
| 0.977249938 : 0.965303611 |
|
| 0.5 : 0.299353137 |
|
| 0.77337272 : 0.65067307 |
|
| 0.987775567 : 0.981641797 |
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