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a . ) Your company is considering submitting a bid on a major project. You determine that the expected completion time for the project is
a Your company is considering submitting a bid on a major project. You determine that the expected completion time for the project is days, and that the standard deviation of the expected completion time is days. It is assumed that the normal distribution applies here. You wish to set the project completion date in your bid such that there is an chance that you will be able to complete the project by the date you have set. What due date should you set? Note: fractional dates are allowed.
b What is the probability that the project described above is done within days?
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