Question: . ( a ) The following data were obtained by observing a three - step job of a Financial Manager s Assistant. ( i )

.(a) The following data were obtained by observing a three-step job of a Financial
Managers Assistant.
(i) Using the data and an allowance of 10% of job time, determine a standard time for
the operation.
(ii) Determine the number of operations that would be required to estimate the mean time
for element A within 4% of the true value with a confidence level of 98%.
Observations (minutes per cycle)
Element Performance Rating 12345
A 90%1.401.421.391.381.41
B 120%2.102.052.001.851.80
C 110%1.601.401.501.451.55

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