Please assume that the provided pessimistic and optimistic values in the problem are based on 99...
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Please assume that the provided pessimistic and optimistic values in the problem are based on 99 percentile level. Please provide a table or tables that show the mean, std. dev., and variance for each activity and for each path, and all relevant probability values. Please show work for at least one instance of each calculation, that is, show work for: - one set of calculation of the mean, standard deviation and variance at activity level - one set of calculation of the mean, standard deviation and variance at the path level - calculation of probability Please note that submitting an Excel file with embedded formulas does not meet the requirement for showing the work. The network does not need to be reproduced in the submission. Activity A 0/0/0 Activity B 14/20/40 Activity C 10/15/20 Activity D 17/25/55 Activity E 10/14/20 Activity F 8/12/20 Activity G 25/30/50 Activity H 0/0/0 What are the probabilities (in percent) of finishing the project in 55 day, 60 days, and 65 days? The requested probabilities should be determined based on the entire network and not just one path. Please assume that the provided pessimistic and optimistic values in the problem are based on 99 percentile level. Please provide a table or tables that show the mean, std. dev., and variance for each activity and for each path, and all relevant probability values. Please show work for at least one instance of each calculation, that is, show work for: - one set of calculation of the mean, standard deviation and variance at activity level - one set of calculation of the mean, standard deviation and variance at the path level - calculation of probability Please note that submitting an Excel file with embedded formulas does not meet the requirement for showing the work. The network does not need to be reproduced in the submission. Activity A 0/0/0 Activity B 14/20/40 Activity C 10/15/20 Activity D 17/25/55 Activity E 10/14/20 Activity F 8/12/20 Activity G 25/30/50 Activity H 0/0/0 What are the probabilities (in percent) of finishing the project in 55 day, 60 days, and 65 days? The requested probabilities should be determined based on the entire network and not just one path.
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To calculate the mean standard deviation and variance for each activity and path we need to know the ... View the full answer
Related Book For
Managerial Accounting for Managers
ISBN: 978-0073527130
2nd edition
Authors: Eric Noreen, Peter Brewer, Ray Garrison
Posted Date:
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