Question: please answer asap Bank manager Art Hill wants to determine the percent of time that tellers are working and idle. He decides to use work


please answer asap
Bank manager Art Hill wants to determine the percent of time that tellers are working and idle. He decides to use work sampling, and his initial estimate is that the tellers are idle 12% of the time. (Round all intermediate calculations to at least two decimal places before proceeding with further calculations.) The number of observations that need to be taken by Hill to be 95.45% confident that the results will not be more than 6% from the true result = (round your response up to the next whole number). Bank manager Art Hill wants to determine the percent of time that tellers are working and idle. He decides to use work sampling, and his initial estimate is that the tellers are idle 12% of the time. (Round all intermediate calculations to at least two decimal places before proceeding with further calculations.) The number of observations that need to be taken by Hill to be 95.45% confident that the results will not be more than 6% from the truesult = (round your response up to the next whole number)Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
