mr. slone said that his car was worth $30,000 when it was purchased. However, over last 3 years it has decreased in value $5400.
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Answer: The probability that the project will be completed in 33 days or less is equal to<u> </u><u>0.73</u> .
Step-by-step explanation:
We assume that this is a normally distribution.
Given : The critical path length is 30 days .
i.e. Population mean =
Variance :
Then, standard deviation :
Z-score :
The value of z corresponding to 33 =
Now, the p-value =
Hence, the probability that the project will be completed in 33 days or less is equal to 0.73.