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## Statistics

The equipment installed group at globus enterprises is regarding to make the cost estimate to find out how much it will cost to install the back up generator at government laboratory facility.ver the years, this group has carried out more than 100 such installations and has developed the database reflecting past experience. Data on distribution of cost for design work, building effort and testing effort is provided in table1

 Cheapest (\$/%) Usual (\$/%) Expensive(\$/%) Design 9000/30 10000/40 12000/30 Build 60000/20 70000/60 80000/20 Test 18000/20 20000/50 24000/30 The data in the table picture the cost of an effort and the percentage of times this cost is achieved for ex, 30% of the time ,design cost \$9000;40% of the time it cost \$10,000;30% of the time it cost \$12,000
 00 16 45 84 18 83 28 82 36 91 95 14 80 68 34 54 55 13 20 70 57 68 61 37 30 09 81 24 55 21

Two digit randowm numbers

Roughly determine the probability that project will cost moe than \$105,000?

Statistics and Probability, Statistics

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