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1 . What is the probability that the completion time will be within 2 months of the most likely time to completion? 0 . 1
What is the probability that the completion time will be within months of the most likely time to completion?
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For what approximate completion time is there a chance of exceeding?
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The Companys upper management is considering providing a bonus for short completion times, but has determined that it is cost effective only when the bonus is provided for early completion times that have a probability. For this project, the bonus should be provided if the completion time is at most what value?
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