A renovation of the gift shop at Orlando Amway Center has six activities (in hou

Question

A renovation of the gift shop at Orlando Amway Center has six activities (in hours). In the following table the estimates of a, m, and b times for each of the activities are listed Activity 14 30 18 27 17 18 20 16 Based on the activity time estimates, the expected times for each of the activities are (round your responses to two decimal places) Activity Expected Time Based on the activity time estimates, standard deviation for each of the activities is (enter your responses rounded to two decimal places) Activity Standard Deviation

Explanation / Answer

1) The formula to calculate the expected time of an activity is as follows : (a +4m + b) / 6.

So using the above formula the expected time of each activity are :

2) The formula to calculate the standard deviation for an activity is as follows : (b-a) / 6

So using the above formula the standard deviation for each activity are

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