Question: A manager at SmallBell, a small telephone company, wants to determine how long service technicians need to perform a certain repair. In the past, an
A manager at SmallBell, a small telephone company, wants to determine how long service technicians need to perform a certain repair. In the past, an almost identical repair required 22.75 minutes, with a standard deviation of 0.3 minutes. Compute the sample size of times needing to be collected to ensure that they can be 90 percent confident of correctly estimating the repair time if the manager is willing to tolerate an error rate of 0.04. Explain your answer.
Step by Step Solution
★★★★★
3.47 Rating (150 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Z value for 90 confidence lev... View full answer

Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock