The updated estimated cost at completion for a project is (AS IN THE TABLE), and the...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/665416b1ab691_865665416b138d3b.jpg)
Transcribed Image Text:
The updated estimated cost at completion for a project is (AS IN THE TABLE), and the client has been informed that the total amount available is (AS IN THE TABLE). Calculate the probability (IN PERCENTAGE TO 2 DECIMAL PLACES) of completing the project within the Client's Budget Limit if (the cost standard deviation of the total distribution of the activities on the longest path) is AS IN THE TABLE? Respond the following 2 answers: 1. The calculated Z value. (2 marks) 2. The probability calculated. (2 marks) Ali, Zachery Estimated Cost Client Budget Standard Limit Deviation $ 1,000,000 $ 1,100,000 $ 100,000 $ Arthur, Alfred Bachan, Emily $ 1,200,000 $ 1,080,000 $ 100,000 1,400,000 $ 1,526,000 $ 200,000 Bachoo, Sabrina Baldwin, Treffon Bradshaw, Lemuel Cyrus, Arella David, Trevon Deonanan, Christian Diaz-Calliste, Jenelle 200,000 $ 2,600,000 $ 2,730,000 $ 300,000 $ 2,800,000 $ 2,632,000 $ $ 1,600,000 $ 1,456,000 $ $ 1,800,000 $ 1,944,000 $ 100,000 200,000 $ 2,000,000 $ 1,880,000 $ 200,000 $ 2,200,000 $ 2,354,000 $ 200,000 $ 2,400,000 $ 2,304,000 $ 300,000 Edwards, Shian $ 3,000,000 $ 3,150,000 $ 300,000 Farrell, Krystal $ Francis, Hamali $ 3,200,000 $ 3,520,000 $ 3,400,000 $ 3,060,000 $ 400,000 300,000 Francis, Josiah $ 3,600,000 $ 3,924,000 $ George, Oshean Jaglal, Shivanand John, Christopher Lara, Miguel $ 1,100,000 $ 1,001,000 $ $ 1,300,000 $ 1,404,000 $ 400,000 100,000 100,000 $ 1,500,000 $ 1,410,000 $ 100,000 $ 1,700,000 $ 1,819,000 $ 200,000 LookFong, Joshua $ 1,900,000 $ 1,824,000 $ 200,000 Mandol, Akeel $ 2,100,000 $ 2,205,000 $ 200,000 Ramcharitar, Chandani $ 2,300,000 $ 2,162,000 $ 200,000 Richards, Jonathan $ 2,500,000 $ 2,625,000 $ 300,000 Roach, Emmanuel $ 2,700,000 $ 2.970.000 $ 300,000 Roopnarine, Samantha $ 2,900,000 $ 2,610,000 $ 300,000 Roper, Joseph $ 3,100,000 $ 3,379,000 $ 300,000 Sammy, Selena $ 3,300,000 $ 3,003,000 $ 300,000 Springle, Josiah $ 3,500,000 $ 3,780,000 $ 400,000 Suchit, Zahir Sylvester, Jael Taitt, Kristoff Wadali, Eesa $ 3,700,000 $ 3,478,000 $ 300,000 $ 3,900,000 $ 4,173,000 $ 400,000 $ 4,100,000 $ 3,936,000 $ 400,000 $ 4,300,000 $ 4,515,000 $ 500,000 The updated estimated cost at completion for a project is (AS IN THE TABLE), and the client has been informed that the total amount available is (AS IN THE TABLE). Calculate the probability (IN PERCENTAGE TO 2 DECIMAL PLACES) of completing the project within the Client's Budget Limit if (the cost standard deviation of the total distribution of the activities on the longest path) is AS IN THE TABLE? Respond the following 2 answers: 1. The calculated Z value. (2 marks) 2. The probability calculated. (2 marks) Ali, Zachery Estimated Cost Client Budget Standard Limit Deviation $ 1,000,000 $ 1,100,000 $ 100,000 $ Arthur, Alfred Bachan, Emily $ 1,200,000 $ 1,080,000 $ 100,000 1,400,000 $ 1,526,000 $ 200,000 Bachoo, Sabrina Baldwin, Treffon Bradshaw, Lemuel Cyrus, Arella David, Trevon Deonanan, Christian Diaz-Calliste, Jenelle 200,000 $ 2,600,000 $ 2,730,000 $ 300,000 $ 2,800,000 $ 2,632,000 $ $ 1,600,000 $ 1,456,000 $ $ 1,800,000 $ 1,944,000 $ 100,000 200,000 $ 2,000,000 $ 1,880,000 $ 200,000 $ 2,200,000 $ 2,354,000 $ 200,000 $ 2,400,000 $ 2,304,000 $ 300,000 Edwards, Shian $ 3,000,000 $ 3,150,000 $ 300,000 Farrell, Krystal $ Francis, Hamali $ 3,200,000 $ 3,520,000 $ 3,400,000 $ 3,060,000 $ 400,000 300,000 Francis, Josiah $ 3,600,000 $ 3,924,000 $ George, Oshean Jaglal, Shivanand John, Christopher Lara, Miguel $ 1,100,000 $ 1,001,000 $ $ 1,300,000 $ 1,404,000 $ 400,000 100,000 100,000 $ 1,500,000 $ 1,410,000 $ 100,000 $ 1,700,000 $ 1,819,000 $ 200,000 LookFong, Joshua $ 1,900,000 $ 1,824,000 $ 200,000 Mandol, Akeel $ 2,100,000 $ 2,205,000 $ 200,000 Ramcharitar, Chandani $ 2,300,000 $ 2,162,000 $ 200,000 Richards, Jonathan $ 2,500,000 $ 2,625,000 $ 300,000 Roach, Emmanuel $ 2,700,000 $ 2.970.000 $ 300,000 Roopnarine, Samantha $ 2,900,000 $ 2,610,000 $ 300,000 Roper, Joseph $ 3,100,000 $ 3,379,000 $ 300,000 Sammy, Selena $ 3,300,000 $ 3,003,000 $ 300,000 Springle, Josiah $ 3,500,000 $ 3,780,000 $ 400,000 Suchit, Zahir Sylvester, Jael Taitt, Kristoff Wadali, Eesa $ 3,700,000 $ 3,478,000 $ 300,000 $ 3,900,000 $ 4,173,000 $ 400,000 $ 4,100,000 $ 3,936,000 $ 400,000 $ 4,300,000 $ 4,515,000 $ 500,000
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
As an analyst at Delta Airlines, you are asked to help the operations staff. Operations has identified a new method of loading baggage that is expected to result in a 30 percent reduction in labor...
-
Consider an asset with a price of R190. A new forward contract on the asset expires in six months with a risk-free rate of 5.4% (discreet compounding). Three months after you entered into the...
-
Describe the accrual accounting rate-of-return method. What are its main strengths and weaknesses? LO1
-
On January 1, 2011, Evans Company entered into a non-cancelable lease for a machine to be used in its manufacturing operations. The lease transfers ownership of the machine to Evans by the end of the...
-
Your neighborhood laundromat is for sale and a friend is considering investing in this business. Your friend has asked for your financial advice regarding this endeavor. For the business alone and no...
-
1205 On July 1, Shady Creek Resort borrowed $440,000 cash by signing a 10-year, 8.5% installment note requiring equal payments each June 30 of $67,060. What amount of interest expense will be...
-
The partnership of Matteson, Richton, and O'Toole has existed for a number of years. At the present time, the partners have the following capital balances and profit and loss sharing percentages:...
-
How does transformational leadership differ from transactional leadership in terms of employee motivation and organizational outcomes, and in what contexts might one be more effective than the other ?
-
An individual investor invests one million dollars in stock mutual funds and one million dollars in bond mutual funds. She expects to earn a 2% alpha on her stocks, but no alpha on her bonds. The...
-
According to Kotter in Accelerate!, what are the reasons that hierarchies keep their rules, specialized units, and optimized processes?
-
a ) Compare spur, helical and bevel gears and explain their advantages and disadvantages in terms of their technical features and their places of use. b ) Draw an angular contact ball bearing system...
-
Cusic Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $24,400, and the company expects to sell 1,610 per year. The company currently...
-
Advanced: CVP analysis and decision making based on number of holidays to be sold by a hotel A hotel budget for the forthcoming year shows the following room occupancy: Revenue for the year is...
-
Advanced: CVP analysis and decision making including a graphical presentation In the last quarter it is estimated that YNQ will have produced and sold 20 000 units of their main product by the end of...
-
Advanced: CVP analysis and changes in product mix Dingbat Ltd is considering renting additional factory space to make two products, Thingone and Thingtwo. You are the companys management accountant...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App