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Problem 7-11 (Algo) How many observations should a time study analyst plan for in an operation that has a standard deviation of 1.3 minutes
Problem 7-11 (Algo) How many observations should a time study analyst plan for in an operation that has a standard deviation of 1.3 minutes per piece? The goal is to estimate the mean time per piece to within 0.4 minutes, with a confidence of 95.5 percent. (Do not round intermediate calculations. Round up your final answer to the next whole number.) Number of observations
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