Question: Problem 7 - 1 2 ( Algo ) How many work cycles should be timed to estimate the average cycle time to within 5 percent

Problem 7-12(Algo)
How many work cycles should be timed to estimate the average cycle time to within 5 percent of the sample mean with a confidence of 98.0 percent if a pilot study yielded these times (minutes): 4.1,4.6,5.1,4.9,5.9, and 4.4? The standard deviation is 0.631 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
230
 Problem 7-12(Algo) How many work cycles should be timed to estimate

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