Saint HCA498 Module 6 CBK-Post-Test latest 2016
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Question Question 1: Assume you have a normal distribution representing the likelihood of completion times. The mean of this distribution is 10, and the standard deviation is 3. The probability of completing the project in 7 or fewer days is the same as the probability of completing the project in 13 days or more. True False Question 2. Question : The difference in decision making under risk and decision making under uncertainty is that under risk, we think we know the probabilities of the stat...
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Question Question 1: Assume you have a normal distribution representing the likelihood of completion times. The mean of this distribution is 10, and the standard deviation is 3. The probability of completing the project in 7 or fewer days is the same as the probability of completing the project in 13 days or more. True False Question 2. Question : The difference in decision making under risk and decision making under uncertainty is that under risk, we think we know the probabilities of the stat...