Problem $1)$ ABC Assembly Company needs to determine the standard time that it should take a qualified employee to assemble a tricycle. An operations analyst has made $10$ observations of an employee completing the task $($see table below$)$ and has given the employee a $98\%$ performance rating for the work done during those observations. For this task, the analyst also has determined that a $5\%$ job$/$task time allowance factor should be used in calculating the standard time for the task. Use the information provided to calculate the observed, normal and standard times for the task. Fill in the total in the table and then show your work to the right of each formula. Round your answers at each step to one decimal point. $4$ points

$\backslash$table$[[$Observation$,\backslash$table$[[$Time$],[($seconds$)]]],[1,120],[2,111],[3,105],[4,132],[5,141],[6,152],[7,106],[8,115],[9,122],[10,119],[$Total$,],[,]]$

What is the Mean Observed Time for this task?

Problem $1$ continues on next page.

What is the Normal Time for this task?

What is the Standard Time for this task?