Question: 8. For a particular time study a company would like to be 95% confident that the average job cycle time is within 2% of the
8. For a particular time study a company would like to be 95% confident that the average job cycle time is within 2% of the true average job cycle time. Assume that the average job cycle time was 6.53 minutes and the standard deviation of the sample was 1.26 minutes. The number of cycles that should be used in this time study would be Select one: A. 864 B. 174 C. 463 D. 358
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
