Consider a Project That Has an Expected Completion Time of 50

question 61

Multiple Choice

Consider a project that has an expected completion time of 50 weeks and a standard deviation of 9 weeks.What is the probability that the project is finished in 57 weeks or fewer? (Round to two decimals.)

• A)0.68
• B)0.78
• C)0.22
• D)0.32

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Definitions:

Poverty Line

A calculated income level used to determine the minimum resources necessary for individuals to meet their basic needs.

Richest American

An individual in the United States with the highest net worth, often derived from entrepreneurial ventures, investments, or inheritance.

Economic Growth

An outward shift of the production possibilities frontier brought about by an increase in available resources and/or a technological improvement.

Income Distribution

The way in which a country's total income is distributed among its population, affecting economic inequality and living standards.