Question
A company's construction time follows a normal distribution. The mean time to construct a building is 100 days and the standard deviation is 15 days.
A company's construction time follows a normal distribution. The mean time to construct a building is 100 days and the standard deviation is 15 days. The construction team will receive a penalty if completion of the job exceeds 110 days. What is the probability that they will receive a penalty?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Project Management A Systems Approach to Planning Scheduling and Controlling
Authors: Harold Kerzner
10th Edition
978-047027870, 978-0-470-5038, 470278706, 978-0470278703
