What is the probability of completion of project in expected time
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Expected project completion date = 10 + 20 + 10 + 15 + 7 + 6.67 = 68.67 days. It means that, there is a 50% chance that the entire project will be completed in less than the expected 68.67 days and a 50% chance that it will exceed 68.67 days. From the standard normal table, we find the probability 0.6480.
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