What is the probability of completing the project over 20 days?

Joe used a project management software package and has determined the following results for a given project:

Expected completion time of the project = 22 days
Variance of project completion time = 2.77

A) 0.3849
B) 0.8849
C) 0.1151
D) 0.7642

Answer: B

Business

You might also like to view...

If a firm increases its current assets relative to total assets, ________

A) it increases return and reduces risk B) it increases return and increases risk C) it reduces return and reduces risk D) it reduces return and increases risk

Business

To compute the holding period return on a bond investment, the investor should divide the purchase price of the bond into

A) any increase or decrease in the bond's price. B) the annual coupon payment. C) the bond's yield to maturity. D) coupon payments received plus or minus any change in the bond's price.

Business