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Author Question: A plot of land is 5 meters by 10 meters. What is the area in hectares? a. 0.050 ha b. 0.005 ha ... (Read 213 times)

asmith134

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on: Jun 24, 2018
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.


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nital

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Reply #1 on: Jun 24, 2018
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(8)=0.225, P(9)=0.1.


asmith134

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Reply 2 on: Jun 24, 2018
Excellent

bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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