Mohammed is planning to renovate his house garden; he is wondering how long it may take him to achieve this project so he asked his friends who went through the same project. Ahmed told him it will take 7 days, Faisal told him it will take 10 days and Salem told him it will take 15 days. How long it will take Mohammed to renovate his garden following the Beta distribution?
Mohammed is planning to renovate his house garden; he is wondering how long it may take him to achieve this project so he asked his friends who went through the same project. Ahmed told him it will take 7 days, Faisal told him it will take 10 days and Salem told him it will take 15 days. How long it will take Mohammed to renovate his garden following the Beta distribution?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Mohammed is planning to renovate his house garden; he is wondering how long it may take him to achieve this project so he asked his friends who went through the same project. Ahmed told him it will take 7 days, Faisal told him it will take 10 days and Salem told him it will take 15 days.
- How long it will take Mohammed to renovate his garden following the Beta distribution?
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