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Mathematics, 21.06.2019 21:30
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 4. a) what is the probability that the project will be completed in 17 months? b) what is the probability that the project will be completed in 20 months? c) what is the probability that the project will be completed in 23 months? d) what is the probability that the project will be completed in 25 months? e) what is the due date that yields a 95% chance of completion?
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Mathematics, 22.06.2019 04:30
Arandom sample of 15 observations is used to estimate the population mean. the sample mean and the standard deviation are calculated as 172 and 63, respectively. assume that the population is normally distributed. a. with 99 confidence, what is the margin of error for the estimation of the population mean? b. construct the 99% confidence interval for the population mean. c. construct the 95% confidence interval for the population mean. d. construct the 83% confidence interval for the population mean. hint: you need to use excel function =t.inv.2t to find the value of t for the interval calculation.
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