2-41 The time to complete a construction project is normally distributed with a mean of 60 weeks and a standard deviation of 4 weeks. What is the probability the project will be finished in 62 weeks or less? 62-60/4=2/4=0.5=69146 What is the probability the project will be finished in 66 weeks or less? 66-60/4=6/4=1.5 What is the probability the project will take longer than 65 weeks?

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Answer:

69.15% probability the project will be finished in 62 weeks or less.

93.32% probability the project will be finished in 66 weeks or less.

10.56% probability the project will take longer than 65 weeks.

Step-by-step explanation:

Problems of normally distributed samples can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

[tex]\mu = 60, \sigma = 4[/tex]

What is the probability the project will be finished in 62 weeks or less?

This is the pvalue of Z when X = 62.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{62 - 60}{4}[/tex]

[tex]Z = 0.5[/tex]

[tex]Z = 0.5[/tex] has a pvalue of 0.6915.

So there is a 69.15% probability the project will be finished in 62 weeks or less.

What is the probability the project will be finished in 66 weeks or less?

This is the pvalue of Z when X = 66.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{66 - 60}{4}[/tex]

[tex]Z = 1.5[/tex]

[tex]Z = 1.5[/tex] has a pvalue of 0.9332.

So there is a 93.32% probability the project will be finished in 66 weeks or less.

What is the probability the project will take longer than 65 weeks?

This is 1 subtracted by the pvalue of Z when X = 65.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{65 - 60}{4}[/tex]

[tex]Z = 1.25[/tex]

[tex]Z = 1.25[/tex] has a pvalue of 0.8944.

So there is a 1-0.8944 = 0.1056 = 10.56% probability the project will take longer than 65 weeks.

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