Question: Problem 7 - 1 2 ( Algo ) How many work cycles should be timed to estimate the average cycle time to within 5 percent
Problem Algo
How many work cycles should be timed to estimate the average cycle time to within percent of the sample mean with a confidence of percent if a pilot study yielded these times minutes: and The standard deviation is minutes per cycle. Use the "mean time" value to decimal places and other values to decimal places for intermediate calculations. Round up your final answer to the next whole number.
Number of work cycles
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