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a. Using PERT, determine the Expected Cost of the entire project? b. Find the standard deviation of the cost ( round to 2 decimals! )
a. Using PERT, determine the Expected Cost of the entire project?
b. Find the standard deviation of the cost (round to 2 decimals!)
c. What is the probability of the total cost not exceeding 64,000? (round to 3 decimals)
d. What is the 92nd percentile of the total cost (cost, which will not be exceeded with 92% confidence)? (round to two decimals)
4. The following optimistic, most likely, and pessimistic costs were determined for project activitiesStep by Step Solution
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