A construction company has taken up a project to build a high-rise office complex in Penang. The time required to complete a construction project is normally distributed with a mean of 80 weeks and a standard deviation of 10 weeks. A construction company must pay a penalty if the project is not finished by the due date in the contract. 1 (a) If a construction company bidding on this contract puts in a due date of 70 weeks, what is the probability that they will have to paya penalty? Your answer should be in four decimal places.

A construction company has taken up a project to build a high-rise office complex in Penang. The time required to complete a construction project is normally distributed with a mean of 80 weeks and a standard deviation of 10 weeks. A construction company must pay a penalty if the project is not finished by the due date in the contract. 1 (a) If a construction company bidding on this contract puts in a due date of 70 weeks, what is the probability that they will have to paya penalty? Your answer should be in four decimal places.

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....

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