How many sampling would be required

Reference no: EM131894472

Question: A time study is to be carried out to establish time standard for a job. The result should be within a confidence level of 95% (z=1.96), with an accuracy of +/- 1.62%. If the mean and standard deviation of the initial sample are 2.1 and 0.32 respectively, how many sampling would be required?

Reference no: EM131894472

Questions Cloud

Do you have any money invested in an account : Do you have any money invested in an account? If so, does it collect compound or simple interest?

How much should he invest in the risk-free security : If Nuada wants the portfolio to have an expected return equal to that of the market, how much should he invest in the risk-free security?

What is the expected return on silvanus stock : The market risk premium is 8.56 percent and the risk-free rate is 4.71 percent. What is the expected return (in percents) on Silvanus stock?

Can we find the prefix length : In classless addressing, we know the first address and the number of addresses in the block. Can we find the prefix length?

How many sampling would be required : A time study is to be carried out to establish time standard for a job. The result should be within a confidence level of 95% (z=1.96).

How many cars will it rent at this price : What price should it charge to maximize its revenue? How many cars will it rent at this price?

Correct concerning the variance of this security : Which one of the following statements is correct concerning the variance of this security?

How many trees should she plant per acre to maximize : She also estimates that for each additional tree that she plants per acre, the yield of each tree will decrease by 3 bushels.

Write a refletion paper about the sociorelational context : Compare and contrast the nature of group membership and group behavior across cultures . Define and discuss the concept of role relationships across cultures.

User Account

All Pages