MINI-ASSIGNMENT 4

MINI-ASSIGNMENT 4

MINI-ASSIGNMENT 4

PART A

Revised project plan is attached in excel sheet

PART B

From the results the probability for completing on or later than 19th June is 28/43 = 0.651

The probability of completing on or before 12thJune 19/43 = 0.441

The probability of completing on 14th June 22/43 = 0.511

References

Chernoff, H., & Moses, L. E. (2012). Elementary decision theory. New York: Wiley.

Goetz, T. (2010). The decision tree. Emmaus, Pa: Rodale.

Jedamus, P., & Frame, R. (2005). Business decision theory. New York: McGraw-Hill.

Liese, F., & Miescke, K.-J. (2008). Statistical decision theory: Estimation, testing, and selection. New York: Springer.

Morse, P. M., & Kimball, G. ...