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Scheduled Time when Probability Factor is Known Solution

STEP 0: Pre-Calculation Summary
Formula Used
scheduled_time = (Standard Deviation*Probability factor)+Mean time
Ts = (σ*Z)+te
This formula uses 3 Variables
Variables Used
Standard Deviation- The Standard Deviation is a measure of how spread out numbers are.
Probability factor- Probability factor is a term used to find the probability of a project to get completed in expected time.
Mean time - Mean time, also called as expected time is the time needed to complete an activity. (Measured in Day)
STEP 1: Convert Input(s) to Base Unit
Standard Deviation: 40.83 --> No Conversion Required
Probability factor: 0.3 --> No Conversion Required
Mean time: 20 Day --> 1728000 Second (Check conversion here)
STEP 2: Evaluate Formula
Substituting Input Values in Formula
Ts = (σ*Z)+te --> (40.83*0.3)+1728000
Evaluating ... ...
Ts = 1728012.249
STEP 3: Convert Result to Output's Unit
1728012.249 Second -->20.0001417708333 Day (Check conversion here)
FINAL ANSWER
20.0001417708333 Day <-- Scheduled time
(Calculation completed in 00.031 seconds)

11 Other formulas that you can solve using the same Inputs

Pooled sample standard deviation
pooled_sample_standard_deviation = sqrt(((sample size 1-1)*(Standard Deviation^2))+((Sample size 2-1)*(Standard Deviation^2)))/(sample size 1+Sample size 2-2) Go
Chi_square statistics
chi_square_statics = sqrt((sample size 1-1)*Standard Deviation^2)/Standard deviation 2 Go
Standard normal variation
standard_normal_variation = (Normal variate-Expected value)/Standard Deviation Go
Standard error
residual_standard_error = Standard Deviation/sqrt(Number of samples) Go
Standard deviation of mean
standard_deviation_of_mean = Standard Deviation/sqrt(sample size 1) Go
Standard score
z_score = (value of n-Mean of data)/Standard Deviation Go
Z-Score
z_score = (Value of A-Mean of data)/Standard Deviation Go
Mean Using Z-Score
mean_of_data = Value of A-Z-score*Standard Deviation Go
Mean Using Coefficient Of Variation
mean_of_data = Standard Deviation/Coefficient of variation Go
Sample Coefficient Of Variation
coefficient_of_variation = Standard Deviation/Mean of data Go
Variance Of Data
variance = (Standard Deviation)^2 Go

Scheduled Time when Probability Factor is Known Formula

scheduled_time = (Standard Deviation*Probability factor)+Mean time
Ts = (σ*Z)+te

What is Probability of Occurrence of an Event?

The probability of a project to complete at expected time is 50% and this probability increases or decreases according to the increase or decrease on scheduled time. Since the probability distribution of the entire project is in normal distribution, the probability can be determined using probability factor. If the factor is 0, probability of completing project at expected time is 50%

How to Calculate Scheduled Time when Probability Factor is Known?

Scheduled Time when Probability Factor is Known calculator uses scheduled_time = (Standard Deviation*Probability factor)+Mean time to calculate the Scheduled time, The Scheduled Time when Probability Factor is Known defines the time which is already scheduled before starting the project. . Scheduled time and is denoted by Ts symbol.

How to calculate Scheduled Time when Probability Factor is Known using this online calculator? To use this online calculator for Scheduled Time when Probability Factor is Known, enter Standard Deviation (σ), Probability factor (Z) and Mean time (te) and hit the calculate button. Here is how the Scheduled Time when Probability Factor is Known calculation can be explained with given input values -> 20.00014 = (40.83*0.3)+1728000.

FAQ

What is Scheduled Time when Probability Factor is Known?
The Scheduled Time when Probability Factor is Known defines the time which is already scheduled before starting the project. and is represented as Ts = (σ*Z)+te or scheduled_time = (Standard Deviation*Probability factor)+Mean time. The Standard Deviation is a measure of how spread out numbers are, Probability factor is a term used to find the probability of a project to get completed in expected time. and Mean time, also called as expected time is the time needed to complete an activity.
How to calculate Scheduled Time when Probability Factor is Known?
The Scheduled Time when Probability Factor is Known defines the time which is already scheduled before starting the project. is calculated using scheduled_time = (Standard Deviation*Probability factor)+Mean time. To calculate Scheduled Time when Probability Factor is Known, you need Standard Deviation (σ), Probability factor (Z) and Mean time (te). With our tool, you need to enter the respective value for Standard Deviation, Probability factor and Mean time and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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