The expected completion time of a project is 40 weeks and the variance of its critical path activities is 9. what is the project completion time with a 75ertainty?

Respuesta :

Using the normal distribution, the project completion time with a 75% certainty is of 42 weeks.

Normal Probability Distribution

The z-score of a measure X of a normally distributed variable with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex] is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

  • The z-score measures how many standard deviations the measure is above or below the mean.
  • Looking at the z-score table, the p-value associated with this z-score is found, which is the percentile of X.

For this problem, the parameters are given as follows:

[tex]\mu = 40, \sigma = \sqrt{9} = 3[/tex]

The project completion time with a 75% certainty is the 75th percentile, which is X when Z = 0.675, hence:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

0.675 = (X - 40)/3

X - 40 = 3 x 0.675

X = 42.

The project completion time with a 75% certainty is of 42 weeks.

More can be learned about the normal distribution at https://brainly.com/question/24537145

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