Question
An initial time study resulted in an average observed time of 2.2 minutes per cycle, and a standard deviation of 0.3 minutes per cycle. The
An initial time study resulted in an average observed time of 2.2 minutes per cycle, and a standard deviation of 0.3 minutes per cycle. The performance rating was 1.20. What sample size, including the 20 observations in the initial study, would be necessary to have a confidence of 95.44 percent that the observed time was within 4 percent of the true value?
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