Question: blems Soved Help Problem 7-13 (Algo) In an initial survey designed to estimate the percentage of time air-express cargo loaders are idle, an analyst found

blems Soved Help Problem 7-13 (Algo) In an initial survey designed to estimate the percentage of time air-express cargo loaders are idle, an analyst found that loaders were idle in 4 of the 55 observations a. What is the estimated percentage of idle time? (Round your answer to 2 decimal places.) Estimated percentage of ide time b. Based on the initial results, approximately how many observations would you require to estimate the actual percentage of idle time to within 3 percent with a confidence of 96 percent? (Round your value to 2 decimal places. Do not round any other intermediate calculations. Round UP your final answer to the next whole number.) Number of observations e here to search O DII CN F 55 Prisen Home End Poup 16 % A & 2 3 6 8 9 0 - W R T Y U P S D F G H J K L X C V B NM

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