The National Bank of Hamilton has opened up two new drive-through teller windows outside its main office
Question:
a. Bank management wants the study to be ±5% accurate with a 95% confidence level. How many additional sample observations should be taken?
b. If the bank does not want to conduct a study of more than 100 observations, what level of confidence could itexpect?
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Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
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