Probability - Anyone can explain? how was the answer derived?
Question: You are responsible for Quality Audit in an Ongoing Project. The Audit has an optimistic estimate of ten days, pessimistic estimate of sixteen days, and most likely estimate of thirteen days. Assuming a normal distribution, what is the probability that the Audit will be completed within 10 to 16 days?
Answer: In a normal distribution, the
PERT duration (also called mean) {Pessimistic + (4* Most Likely) + Optimistic} / 6 = {16 + (4 * 13) + 10}/6 = 13 days
1 Standard Deviation (sigma) = (Pessimistic - Optimistic) / 6 = (16 - 10) / 6 = 1 day
If the task has to be completed within 10 days to 16 days, then the probability of completion within the time frame is 99.73% (3 sigma) as shown in the Six Sigma exhibit.


admin
Fri, 02/07/2014 - 03:32
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Since it assumes normal
Since it assumes normal distribution, you take 3sigma deviation