Question: Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 9 3 - time units?
Given the project information in the following table, what is the probability of completing the National Holiday Toy project in time units? Hint: Use the NORM.SDISTz TRUE function in Excel to compute the probability. Carry at least decimal places in all intermediate calculations and the Z value. Enter your final probability answer to decimal places.
Acct. ID Description Predecessor Optimistic a Most Likely m Pessimistic b Activity Time te Variance
b a Critical
Design package None x
Design product x
Build package
Secure patent
Build product x
Paint x
Test market xGiven the project information in the following table, what is the probability of completing the National Holiday Toy project in time units? Hint: Use the NORM.SDISTz TRUE function in Excel to compute the probability. Carry at least decimal places in all intermediate calculations and the Z value. Enter your final probability answer to decimal places.
Acct. ID Description Predecessor Optimistic a Most Likely m Pessimistic b Activity Time te Variance
b a Critical
Design package None x
Design product x
Build package
Secure patent
Build product x
Paint x
Test market x
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
