What Is the Probability That This Project Will Be Completed

question 104

Multiple Choice

What is the probability that this project will be completed within 205 days?

• A)0.6826
• B)0.8413
• C)0.9544
• D)0.9772
• E)0.9987

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Definitions:

Analyze

To examine something methodically and in detail, typically for purposes of explanation and interpretation.

Economic Models

Simplified representations of complex economic processes or systems used to analyze economic activities and predict outcomes.

Details

Specific pieces of information or characteristics about something.

Scientific Method

A systematic and logical approach to discovering how things in the universe work, involving observation, experimentation, and hypothesis testing.