Question 17.p.4: Expected times in weeks, as well as variances, for the major...
Expected times in weeks, as well as variances, for the major activities of an R&D project are depicted in the following table. Determine the probability that project completion time will be:
a. 50 weeks or less
b. More than 50 weeks
Path | Activity | Mean | Variance |
A | 16 | .69 | |
Top | B | 11 | .69 |
C | 24 | .11 | |
D | 5 | 0 | |
Middle | E | 18 | .25 |
F | 26 | .11 | |
D | 5 | 0 | |
Bottom | G | 10 | .25 |
H | 14 | .36 | |
I | 12 | .11 |
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