A simulation model was run and the time that entities spend in the system was determined. The

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A simulation model was run and the time that entities spend in the system was

determined. The simulation experiment specified a confidence level of $99 % .$ The

experiment was run ten times and the output from the simulation indicated the average

time in the system is $45.2$ minutes with a half width of $5.1$ minutes. Given this

information,

What is the z-score for a confidence level of 99% and a sample size of 10?

Related Book For answer-question

Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Posted Date: Apr 08, 2024 10:27 PM

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A simulation model was run and the time that entities spend in the system was determined. The

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Financial and Managerial Accounting

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