Zuckerman Wiring and Electric is a company that installs wiring and electrical
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Zuckerman Wiring and Electric is a company that installs wiring and electrical

Question - Zuckerman Wiring and Electric is a company that installs wiring and electrical fixtures in residential construction. John Zuckerman has been concerned with the amount of time that it takes to complete wiring jobs. Some of his workers are very unreliable. A list of activities and their optimistic, their pessimistic and their most likely completion times in days are given in the following table:

Determine the expected completion time and variance for each activity.

Hint
EconomicsThe variance is an indicator of the degree of uncertainty. It is determined by averaging the squared anomalies from the norm The degree of distribution in your set of data is shown by variation. The greater the distribution of the data, the greater the variation in respect to the average It quantifies the degree to which individual observations deviate from the mean. Since it uses the rat...

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