The document calculates z-values and probabilities for 3 events with target dates, using standard deviation and a z-table. Event 4 has a z-value of 1.89 and 3% probability of missing its 10 day target. Event 5 has a z-value of -0.43 and 67% probability of missing its 10.5 day target. Event 6 has a z-value of 1.23 and 11% probability of missing its 13.5 day target.
The document calculates z-values and probabilities for 3 events with target dates, using standard deviation and a z-table. Event 4 has a z-value of 1.89 and 3% probability of missing its 10 day target. Event 5 has a z-value of -0.43 and 67% probability of missing its 10.5 day target. Event 6 has a z-value of 1.23 and 11% probability of missing its 13.5 day target.
The document calculates z-values and probabilities for 3 events with target dates, using standard deviation and a z-table. Event 4 has a z-value of 1.89 and 3% probability of missing its 10 day target. Event 5 has a z-value of -0.43 and 67% probability of missing its 10.5 day target. Event 6 has a z-value of 1.23 and 11% probability of missing its 13.5 day target.
Calculate the z values for the event number 4, 5 and 6
where the target date are 10, 10 and 15 respectively. Find the probabilities that those events will not achieve their target dates using the given Z table . Z Table For event 4: Z= (10-9)/0.53= 1.89 ● For event 5: Z=(10-10.5)/1.17= - 0.43 ● For event 6: z=(15-13.5)/1.22= 1.23 The z value for event 4 is 1.89 which equates to the probability of approximately 3%. The z value for event 5 is - 0.43 which equates to the probability of approximately 67%. The z value for event 6 is 1.23 which equates to the probability of approximately 11%.