SOLUTION: PERT calculations yiled a project length of 60 weeks, with a variance of 9. within how many weeks would you expect the project to be completed with probability 95
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Question 326479: PERT calculations yiled a project length of 60 weeks, with a variance of 9. within how many weeks would you expect the project to be completed with probability 95
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
PERT calculations yield a project length of 60 weeks, with a variance of 9. within how many weeks would you expect the project to be completed with probability 95
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95% of the "data" of a normal distribution are within
2 std of the mean.
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2 std = 18 weeks
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Expect completion within 60-18 and 60+18 weeks.
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Cheers,
Stan H.
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