Question: need help, please How many work cycles should be timed to estimate the average cycle time to within 1 percent of the sample mean with
need help, please
How many work cycles should be timed to estimate the average cycle time to within 1 percent of the sample mean with a confidence of 95.0 percent if a pilot study yielded these times (minutes): 4.0, 4.5, 5.0, 4.5, 4.5, and 4.0? The standard deviation is 0.376 minutes per cycle. (Use the mean time" value to 2 decimal places and other values to 3 decimal places for intermediate calculations! Round up your final answer to the next whole number.) Number of work cycles 24 X od
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