Question: Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months, and
Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months, and the project variance is 16.
a) The probability that the project will be completed in 5 months =
(round your response to four decimal places).
b) The probability that the project will be completed in 25 months =
(round your response to four decimal places).
C) The due date that yields a 95% chance of completion =
(round your response to two decimal places).
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