A contractor working on an outdoor construction project in a coastal area is reviewing progress on August 1

| November 30, 2018

A contractor working on an outdoor construction project in a coastal area is reviewing progress on August 1. If normal progress is maintained and no time is lost due to hurricanes, the job will be completed on August 31. However, due to the poor weather conditions in the area after August 16, there will be only a 40 percent chance of finishing on time. It is estimated that there is a 40 percent chance of a minor hurricane, which will cause a delay of 6 days. There is a 20 percent chance of a maj …

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