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A project consists of five activities.Naturally,the paint mixing precedes the painting activities.Also,both ceiling painting and floor sanding must be done prior to floor buffing.
a.Construct the PERT/CPM network for this problem.
b.What is the expected completion time of this project?
c.What is the probability that the project can be completed within nine hours?
Biased Estimator
A statistical estimator that does not generate parameter estimates with long-run average values equal to the true population parameter.
Sample Statistic
A numerical measure that describes an aspect of a sample.
Population Parameter
A numerical value summarizing a characteristic of an entire population.
Point Estimate
A single value given as an estimate of a population parameter, derived from sample data.
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