Question: please explain this with excel and devia- factory, efective several the core the oven ne prob- 11 range Florida age sale is 500 2-42 A

please explain this with excel please explain this with excel and devia-
and devia- factory, efective several the core the oven ne prob- 11 range Florida age sale is 500 2-42 A new integrated computer system is to be installed worldwide for a major corporation. Bids on this project are being solicited, and the contract will be awarded to one of the bidders. As a part of the pro- posal for this project, bidders must specify how long the project will take. There will be a significant pen- alty for finishing late. One potential contractor de termines that the average time to complete a project of this type is 40 weeks with a standard deviation of 5 weeks. The time required to complete this project is assumed to be normally distributed. (a) If the due date of this project is set at 40 weeks, what is the probability that the contractor will have to pay a penalty (i.e., the project will not be finished on schedule)? (b) If the due date of this project is set at 43 weeks, what is the probability that the contractor will have to pay a penalty (i.e., the project will not be finished on schedule)? (c) If the bidder wishes to set the due date in the proposal so that there is only a 5% chance of be- ing late and consequently only a 5% chance of having to pay a penalty), what due date should be set? che amaroenev room of Costa ever the market incorrectly pre time. Before the there is a 70% When Market for this produ be good. Give probability th= 2-48 Policy Pollste ing in politic tions, when a had accurate they were show, for lo rately predic they were poll is take election. If win the ele didate will that a can probabilit 2-49 Burger C specializ cal mode greater greater be less ee less nager years. danes

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