Your Company Is Considering Submitting a Bid on a Major

question 96

Multiple Choice

Your company is considering submitting a bid on a major project.You determine that the expected completion time is 150 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 a 95 percent chance that the project will be finished by this time.What due date should be set?

• A)108.0
• B)160.4
• C)166.5
• D)135.0
• E)None of the above

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Definitions:

Cross-Sectional

A type of observational study that analyzes data from a population at one specific point in time.

Cohort

A group of individuals sharing a common characteristic or experience within a defined period, often observed over time in research to identify patterns and outcomes.

Prospective Cohort

A study design where a group of individuals is followed over time to observe outcomes relative to exposure to certain risk factors.

Normative Aging

The process of aging that follows the typical patterns and landmarks at each life stage, often studied in longitudinal research.