The probability that a project will be completed within a specified period of time can be calculated using the standard normal equation,which is ______.
A)(due date - expected date of completion)/ the project's standard deviation
B)(expected date of completion - due date)/ the project's standard deviation
C)the project's standard deviation / (due date - expected date of completion)
D)the project's standard deviation / (expected date of completion - due date)

Question

Quizplus · Accepted Answer

The formula to calculate the probability of completing a project within a specified period of time is (due date - expected date of completion) divided by the project's standard deviation. This calculation will provide the number of standard deviations the expected completion date is from the due date, and this can be used to determine the probability of finishing the project within the given time frame using a standard normal distribution table.

The Probability That a Project Will Be Completed Within a Specified