Your Company Is Considering Submitting a Bid on a Major

question 43

Multiple Choice

Your company is considering submitting a bid on a major project.You determine that the expected completion time is 100 weeks and the standard deviation is 10 weeks.It is assumed that the normal distribution applies.You wish to set the due date for the project such that there is an 85 percent chance that the project will be finished by this time.What due date should be set?

• A)108.0
• B)110.4
• C)89.6
• D)85.0
• E)100

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Definitions:

Social Honour

Recognition or respect gained within a society based on one's actions, characteristics, or achievements.

Wealth And Property

The total value of all the financial and non-financial assets owned by an individual or group, minus the value of all its outstanding liabilities.

Max Weber

A German sociologist, philosopher, and political economist known for his theory of social and economic organization and his ideas on the development of capitalism.

Social Class

refers to divisions in society based on economic, cultural, or social status which impact individuals' opportunities, lifestyles, and attitudes.