Question: Refer to the KP8.1. sample points and sample point probabilities in the following tables. Completion Results for 40 KP&L Projects Completion Time (months) Number of

Refer to the KP8.1. sample points and sample point probabilities in the following tables. Completion Results for 40 KP&L Projects Completion Time (months) Number of Past Projects Stage 1 Stage 2 Sample Having These Design Construction Point Completion Times Probability Assignments for the KP&L Project Based on the Relative Frequency Method Sample Project Probability of Point Completion Time Sample Point (2, 6) 8 months 2 6 (2.6) 2 P[2, 6) - 2 = 0.05 40 P(2.7) = 8 = 0.20 40 2 7 (2,7) 8 (2,7) 9 months 2 8 (2,8) 2 (28) 10 months P(2. 8) = 2 40 = 0.05 3 6 (3,6) 4 (3,6) 9 months P13, 6) = 4 40 0.10 3 7 (3,7) 2 (3.7) 10 months PC3,7) 0.05 3 B (3,8) 2 40 4 4 5 (46) (3,8 11 months P(2,8) 4 40 = 0.10 4 7 (4,7) 6 (4.6) 10 months = 0.15 P(46) = 40 4 8 (4,8) 6 11 months 244.7) = 0 = 0.15 40 Total: 40 12 months P44B) = 0 = 0.15 40 Total 1.00 (a) the design stage (stage 1) will run over budget it it takes 4 months to complete. Lut the sample points in the event the design stage is over budget. (Select all that apply) C 2.) 2.) Da, 6) CX3,7) C3,8) C4,6) DIAN 14,8) (6) What is the probability that the design stage is over budget (9) The construction stage (stage 2) will run over budget it takes 8 months to complete List the sample points in the event the construction stage is over budget, (select all that apply) 012,6) Ck2,7) C128) (3, 6) DX32) (3,5 046) 4,7) 14) (d) What is the probability that the construction stage is over budget? (e) What is the probability that both stages are over budget
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
