A plot of land is 5 meters by 10 meters. What is the area in ...

[asmith134]

A plot of land is 5 meters by 10 meters. What is the area in hectares?
 a. 0.050 ha
 
  b. 0.005 ha
 
  c. 5.000 ha
 
  d. 0.500 ha

Question 2

Company experts believe the development time will fall into the range of 5 to 9 months. They believe the probabilities of the extremes (5 and 9 months) are both 10, and the probabilities will vary linearly from those endpoints to a most likely value at 7 months.

[nital]

Answer to Question 1

b

Answer to Question 2

This is a general discrete distribution. We just have to choose the probabilities of the values 5 to 9 so that they increase and then decrease linearly, and add up to 1: P(5)=0.1, P(6)=0.225, P(7)=0.35, P(=0.225, P(9)=0.1.

[asmith134]

TYSM

[bigsis44]

Thanks for the timely response, appreciate it