Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem 17-12 (Static) A project manager has compiled a list of major activities that will be required to install a computer Information system in her

image text in transcribed
image text in transcribed
image text in transcribed
Problem 17-12 (Static) A project manager has compiled a list of major activities that will be required to install a computer Information system in her firm. The list includes estimated completion times for activities and precedence relationships Use Table 1 and Table 82 Immediate Predecessor Activity D E F D 3-4-8 Estimated Times (weeks 2-4-6 6-8-10 7-9-12 2-3-5 5-7p 2-2-2 2-3-6 3-4-5 4-5-8 5-8-12 1-1-1 6-7-11 8-9-13 N 0 End N H, G, K, 0 Click here for the Excel Data File a. Determine the mean and standard deviation for each of the following paths in the project. (Round Mean and Standard Deviation to 2 decimal places.) Sid De a-de- 0 End 8-9-13 H, G, K, O Click here for the Excel Data File a. Determine the mean and standard deviation for each of the following paths in the project. (Round Mean and Standard Deviation to 2 decimal places.) Mean Sid. Dev Path -d-e-h a-t- bk C-m-n-o b. If the project finishes within 26 weeks of its start the project manager Teceives a $1,000 bonus. What is the probability of a $1.000 bonus? (Round 2-value to 2 decimal places, and probability to 4 decimal places.) Probability ($1.000) b. If the project finishes within 26 weeks of its start, the project manager receives a $1,000 bonus. What is the probability of a $1,000 bonus? (Round z-value to 2 decimal places, and probability to 4 decimal places.) Probability (1,000) c. If the project finishes within 27 weeks of its start the project manager receives a $500 bonus. What is the probability of a $500 bonus? (Round 2-value to 2 decimal places, and probability to 4 decimal places.) Probability (5500)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Accounting 2

Authors: OpenStax

1st Edition

0357366808, 9780357366806

More Books

Students also viewed these Accounting questions