menu
bartleby
search
close search
Hit Return to see all results

A project manager needs to determine the probability of completing a project in 80days or less. The expected project duration is 65 days with a standard deviation of9 days. What is the probability for completion of project in the specified time?a) 50%b) 95%c) 99%d) None of the above

Question

34

A project manager needs to determine the probability of completing a project in 80
days or less. The expected project duration is 65 days with a standard deviation of
9 days. What is the probability for completion of project in the specified time?
a) 50%
b) 95%
c) 99%
d) None of the above
help_outline

Image Transcriptionclose

A project manager needs to determine the probability of completing a project in 80 days or less. The expected project duration is 65 days with a standard deviation of 9 days. What is the probability for completion of project in the specified time? a) 50% b) 95% c) 99% d) None of the above

fullscreen
check_circleAnswer
Step 1

Since the expected duration is 65 days and the S.D. is 9 days, hence if the value of 80 days is (80 – 65) / 9 = 1.67 standard deviations away from the mean (expected value). From the no...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Our solutions are written by experts, many with advanced degrees, and available 24/7

See Solution
Tagged in

Business

Operations Management

Project Planning

Related Operations Management Q&A

Find answers to questions asked by student like you

Show more Q&A add
question_answer

Q: you are asked to develop an experiment for​ a study of the effect that has on the response rates sec...

A: Here some variables during a setting and observe however it affects the topics being studied.In this...

question_answer

Q: Choose two different student organizations in your school.List the group characteristics of each of ...

A: Let the two groups be student activities center and the canteen food committee:Student activities ce...

question_answer

Q: can I get answer explained.A dentist charges patients $100 for teeth cleaning and pays his dental hy...

A: Let us considerNo of patients visited to doctor per day is =xNo. of dental hygienists per day is=yTh...

question_answer

Q: The least squares regression method question - rounds your answer to two decimal points.please find ...

A: Using least squares method regression method means we need to fit a line where number of accidents i...

question_answer

Q: In Cost Accounting, in general, when can formulas be combined to form a single cost formula?

A: In Cost Accounting, single cost formula is used to derive the combined variable and fixed cost of a ...

question_answer

Q: Assume that a firm has already implemented a KMS system, as a manager, how do you ensure that learni...

A: Protecting knowledge of the organization is a typically an IP protection problem. From the case stud...

question_answer

Q: 13

A: When the value of objective coefficient (OF) is changed from 1.95 to 2 the optimality range is not v...

question_answer

Q: you are asked to develop an experiment for​ a study of the effect that has on the response rates sec...

A: According to the given scenario there are different types of complex experimental design including f...

question_answer

Q: Give an example of a cost trade- off in logistics.

A: The following are the two main components involved in the cost trade-off in logistics:Warehouse cost...

Sorry about that. What wasn’t helpful?