The Time Required to Complete a Project Is Normally Distributed

question 34

Multiple Choice

The time required to complete a project is normally distributed with a mean of 80 weeks and a standard deviation of 10 weeks.The construction company must pay a penalty if the project is not finished by the due date in the contract.If a construction company bidding on this contract puts in a due date of 80 weeks,what is the probability that they will have to pay a penalty?

• A)0
• B)1.000
• C)0.500
• D)1/8
• E)None of the above

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Definitions:

Stress

A state of tension caused by extraordinary demands, constraints, or opportunities.

Tension

A state of mental or emotional strain, often resulting from challenging or demanding situations.

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The study of how individuals manage their resources, including money, time, and skills, to meet personal and family needs and goals.

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Elements not related to one's job or professional responsibilities, such as personal issues or external activities, that can influence one's performance and well-being.