What is the probability that the project will be completed

Assignment Help Econometrics
Reference no: EM13200785

You are working on a project that has 12 activities and want to perform a VPN analysis on the project. You determine the critical path consists of only five activities. You then compute the variances for the five critical path activities and these variances are 3,4,2,1 and 6 days. If the Desired completion date is 50 days and the expected completion date for the project is 40 days, what is the probability that the project will be completed by the desired completion date ?

Reference no: EM13200785

Questions Cloud

The phillies were accused of cheating their beer customers : The Phillies were accused of cheating their beer customers by not putting enough beer in their 12 oz cups. When 15 cups were selected at random , they were found to have a mean of 11.7 ounces with a standard deviation of 0.5 ounces.
Imposes a binding price floor in the market : The price received by sellers in a market will decrease if the government imposes a binding price floor in that market or else.
Compute what is the probability that the slips be chosen : What is the probability that the slips will be chosen in the order of the colors of a rainbow (the order listed above)?
What is the annual savings required to fully fund retirement : Cathy and John would like to retire when they are 65. Using their retirement assets ONLY, what is the annual savings required to fully fund retirement if the last dollar is spent at their age 90?
What is the probability that the project will be completed : You determine the critical path consists of only five activities. You then compute the variances for the five critical path activities and these variances are 3,4,2,1 and 6 days. what is the probability that the project will be completed.
State intensity of light from a light bulb measure in watts : the intensity of light from a light bulb, measure in watts (w), varies inversely as the square of the distance (d) from the light bulb. Suppose I is45 w/m(squared) when the distance is 6m.
Determine the market price for the capital stock : Describe the difference between the purchase of capital and the rental price of capital. If you know the value of marginal product from the flow of capital services, how would you determine the market price for the capital stock
Explain a baseball coach wants to place ads in the outfield : a baseball coach wants to place ads in teh outfield of his baseball field. the ads are in standard sheets of plywood. how many ads can he place in the outfield?
What does best rental charge per day and per mile\ : Best Rental charges a daily fee plus a mileage fee for renting its cars. Barney was charged $105 for 3 days and 300 miles, while Mary was charged $191 for 5 days and 600 miles. What does Best Rental charge per day and per mile?

Reviews

Write a Review

Econometrics Questions & Answers

  What is the most that you would pay to install the system

If you install the system, your insurance carrier will reduce your annual premium each year for the 10 year useful life of the system. Your insurance premium is due at the beginning of the year and you expect to save $350 the first year.

  What is the opportunity cost of moving from producing

Maximum possible combinations of food and clothing that can be produced in a given period of time: Units of food (millions) Units of clothing (millions)Draw a PPF for this economy. b. What is the opportunity cost of moving from producing 4 mi..

  How many units will this firm produce in the short-run

Total Total Average Fixed Variable Total Total Marginal Quantity Cost Cost Cost Cost Cost 0 $40 0 40 X X 1 40 55 95 95 55 2 40 75 115 57.50 20 3 40 90 130 43.33 15 4 40 110 150 37.50 20 5 40 135 175 35 25 6 40 170 210 35 357 40 220 260 37.14 50 8 40 ..

  What is the supply function of this competitive firm

A perfectly competitive firm has a total cost function TC(Q)=10 million + 5Q + Q2/10,000. Of its total fixed cost of $10 million, $9 million can be avoided if the firm produces an output of zero, but $1 million is completely unavoidable.

  Determine the company and the market index

Period company return market index return, Determine the company and the market index and show the calculations.

  Find the amount that should be invested to total in 5years

A company will need $65,000 in 5 years for a new addition. To meet this goal, the deposits money in an account today that pays 7% annual interest compounded quarterly. Find the amount that should be invested to total &65,000 in 5 years.

  Find the hicks-compensated demand function

find the Hicks-compensated demand function of the following utility function: u(x1,x2) = x1.x2 + x1 I have found Marshall demand function, but I doubt how I find the Hicks-compensated. Is there anyone who can help me with that?

  Find numerical equation relating plan aggregate expenditure

The following set of equations describe an economy: C = 14,000 + 0.6(Y - T) - 50,000r, I p = 7,000 - 25,000r, G = 8,000, NX = 2,000, T = 8,200, Y* = 46,450 a. Find a numerical equation relating planned aggregate expenditure to output and to th..

  Determine kyle''s utility function over salary

Kyle is an English PhD student; there is some chance he will get a prestigious university job that will pay him $80,000/year (probability p). If he does not get this job, he will have to take a job at Starbuck's, paying $25,000/year (probability (..

  Calculate the irr on home using companys insulated concrete

A typical 2,000 sq. ft. home using standard concrete forms costs $120 per square foot to construct and uses $300 per month average to heat and cool. Calculate the IRR on a home using your company's insulated concrete forms on a typical 2,000 sq. f..

  What is the probability that a part of drawn at random

The weights of a population of parts made by a certain machine are normally distributed with a mean of ten pounds and a standard deviation of two pounds. What is the probability that a part of drawn at random from the machine weighs between 8 and..

  Explanation of yield curve

The following statement was released through FOMC following recent meeting on March 21. The Group, although hopeful for a future of moderate growth with moderating inflation,

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd