Question
The PostHoc Company specializes in justifying decisions that have already been made. One day they fielded a request to perform a project risk analysis and
The PostHoc Company specializes in justifying decisions that have already been made. One day they fielded a request to perform a project risk analysis and compute the risk factor for buying an investment property on St. Charles Street in the Big Easy. There was no time (and no need to be perfectly honest) to gather any data regarding the situation; all they had to do was provide an equation and a number that showed the project wasn't too risky for the investor that had already made a decision to proceed. The investor wanted the overall project risk factor to come in at an even 0.5 and also wanted all of the scores for the seven factors that make up this score to have identical values. What is the probability of failure for complexity if these two criteria are met?
Step by Step Solution
3.49 Rating (149 Votes )
There are 3 Steps involved in it
Step: 1
So the probability of failure for complexity under these conditions is 0864 If ...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