he project manager of Good Public Relations gathered the data shown in the following table for a new advertising campaign. Click the icon to view the table. How long is the project likely to take? (Make sure to round all intermediate calculations for t, to two decimal places.) he project is expected to take 36.17 weeks. (Enter your response rounded to two decimal places.) . What is the probability that the project will take more than 40 weeks? Refer to the standard normal table. he probability is 0.0103 . (Enter your response rounded to four decimal places.) . Consider the path A-E-G-H-J. What is the probability that this path will exceed the expected project duration? Refer to the standard normal table. he probability is (Enter your response rounded to four decimal places.)

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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Question
Time Estimates (weeks)
Activity
Optimistic
Most Likely
Pessimistic
Immediate Predecessor(s)
A
7
10
13
START
в
6
8
17
START
7
8
9
START
D
1
2
4
в
E
10
12
А, С
7
D, E
D, E
F, G
5
G
2
2
5
2
4
6.
G
J
3
5
8
K
3
3
Transcribed Image Text:Time Estimates (weeks) Activity Optimistic Most Likely Pessimistic Immediate Predecessor(s) A 7 10 13 START в 6 8 17 START 7 8 9 START D 1 2 4 в E 10 12 А, С 7 D, E D, E F, G 5 G 2 2 5 2 4 6. G J 3 5 8 K 3 3
The project manager of Good Public Relations gathered the data shown in the following table for a new advertising campaign.
Click the icon to view the table.
a. How long is the project likely to take? (Make sure to round all intermediate calculations for to to two decimal places.)
The project is expected to take 36.17 weeks. (Enter your response rounded to two decimal places.)
b. What is the probability that the project will take more than 40 weeks? Refer to the standard normal table.
The probability is 0.0103 . (Enter your response rounded to four decimal places.)
c. Consider the path A-E-G-H-J. What is the probability that this path will exceed the expected project duration? Refer to the standard normal table.
The probability is
(Enter your response rounded to four decimal places.)
Transcribed Image Text:The project manager of Good Public Relations gathered the data shown in the following table for a new advertising campaign. Click the icon to view the table. a. How long is the project likely to take? (Make sure to round all intermediate calculations for to to two decimal places.) The project is expected to take 36.17 weeks. (Enter your response rounded to two decimal places.) b. What is the probability that the project will take more than 40 weeks? Refer to the standard normal table. The probability is 0.0103 . (Enter your response rounded to four decimal places.) c. Consider the path A-E-G-H-J. What is the probability that this path will exceed the expected project duration? Refer to the standard normal table. The probability is (Enter your response rounded to four decimal places.)
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