Question 7.1: Determining Number of Observations Needed in a time Study A ...
Determining Number of Observations Needed in a time Study
A time study analyst wants to estimate the time required to perform a certain job. A preliminary study yielded a mean of 6.4 minutes and a standard deviation of 2.1 minutes. The desired confidence is 95 percent. How many observations will he need (including those already taken) if the desired maximum error is:
a. ± 10 percent of the sample mean?
b. One-half minute?
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