Find the projects probability distribution


Problem

The construction time for a bridge depends on the weather. The project is expected to take 250 days if the weather is dry and hot. If the weather is damp and cool, the project is expected to take 350 days. Otherwise, it is expected to take 300 days. Historical data suggest that the probability of cool, damp weather is 30% and that of dry, hot weather is 20%. Find the project's probability distribution.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Find the projects probability distribution
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