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A project consists of eleven activities (all times are given in days) and has worker requirements as indicated in the table. Assume that all six workers employed by this organization are generalists and are able to work on any of the tasks. What is the fastest the project can be completed?
Posterior Probability
The probability of an event or hypothesis being true after taking into consideration new evidence or information.
Prior Probability
The probability of an event or hypothesis before new evidence is taken into account.
Bayes' Law
A theorem in probability theory used to update the probability of a hypothesis as more evidence or information becomes available.
Posterior Probability
The probability of an event or hypothesis after taking into consideration new evidence or information.
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