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Problem: The following information has been computed for a project:Expected total time is 180 days with a standard deviation of 12 days. Show your work.
Problem: The following information has been computed for a project:Expected total time is 180 days with a standard deviation of 12 days. Show your work. Round to 4 decimal places.
You may use Excel to do the calculations, but do NOT submit any Excel files or screenshots. Write or type up your work and final answers.
- What is the probability that the project will be completed 20 days before its expected completion date of 180 days?
- If you would like to be 95% certain that the project will be finished before the due date, what due date (project duration in days) would you ask for?
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