You Have Just Used the Network Planning Model and Found

question 15

Multiple Choice

You have just used the network planning model and found the critical path length is 30 days and the variance of the critical path is 25 days. The probability that the project will be completed in 33 days or less is equal to (2 decimal accuracy) .

• A) 0.73
• B) 0.55
• C) 0.12
• D) 0.27
• E) 0.60

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Definitions:

Basis

The underlying support or foundation for an idea, argument, or process, often used in various contexts like mathematics, finance, and other disciplines.

Z Score

A statistical measurement that describes a value's relationship to the mean of a group of values, measured in terms of standard deviations from the mean.

Mean

The mean is a measure of central tendency that calculates the average value of a set of numbers by dividing the sum of those numbers by their quantity.

Z Score

A statistical measure that describes a value's relationship to the mean of a group of values, measured in terms of standard deviations from the mean.