Question: LUutes, 54 seconds. Question Completion Status: 4 or 2 3 326 300 16 6 7 360 370 W 31 18 19 205 215 225 230

LUutes, 54 seconds. Question Completion Status: 4
LUutes, 54 seconds. Question Completion Status: 4 or 2 3 326 300 16 6 7 360 370 W 31 18 19 205 215 225 230 2 34 106 12 13 14 15 40 90 390 35 38 QUESTION 5 Using Monte Carlo simulation the following data has been generated: The mean or expected cost of the project is found to be $138000. The variance of the project cost is shown to be $64000000. The project team want 9996 confidence in having enough budget to cover the costs. If the baseline project budget given to the team is average or expected cost. What is the total needed budget to cover all the possible expenses. 226000 186000 162000 138000

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