13. The time required to complete a project is normally distributed with a mean of 50 weeks and a standard deviation of 5 weeks. The construction company must pay a penalty if the project is not finished by the due date in the contract. If a construction company bidding on this contract puts in a due date of 50 weeks, what is the probability that they will finish on or before the due date? (Suggest you draw the Normal Distribution Curve).

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13. The time required to complete a project is normally distributed with a mean of 50
weeks and a standard deviation of 5 weeks. The construction company must pay a
penalty if the project is not finished by the due date in the contract. If a construction
company bidding on this contract puts in a due date of 50 weeks, what is the probability
that they will finish on or before the due date? (Suggest you draw the Normal
Distribution Curve).
Transcribed Image Text:13. The time required to complete a project is normally distributed with a mean of 50 weeks and a standard deviation of 5 weeks. The construction company must pay a penalty if the project is not finished by the due date in the contract. If a construction company bidding on this contract puts in a due date of 50 weeks, what is the probability that they will finish on or before the due date? (Suggest you draw the Normal Distribution Curve).
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