The Time Required to Complete a Project Is Known to Be

question 96

Essay

The time required to complete a project is known to be normally distributed with a mean of 44 weeks and a standard deviation of 8 weeks.
(a)What is the probability that the project is finished in 40 weeks or fewer?
(b)What is the probability that the project is finished in 52 weeks or fewer?
(c)There is a 95 percent chance that the project will be finished in fewer than how many weeks?

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Definitions:

Loyalty

The commitment of a customer, employee, or other stakeholder to a company, brand, or product.

Social Responsibility

The practice of businesses making decisions and taking actions that positively impact society and the environment, beyond their financial obligations.

Ethically Questionable Actions

Activities or decisions that raise concerns regarding their adherence to moral or ethical standards.

Whistle-blowing

Whistle-blowing involves exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.