Managers at an automobile manufacturing plant would like to estimate the mean completion time of an assembly line operation, u. The managers plan to choose a random sample of completion times and estimate u via the sample. Assuming that the standard devlation of the population of completion times is 10.1 minutes, what is the minimum sample size needed for the managers to be 99 % confident that their estimate is within 2.0 minutes of u? Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements). (If necessary, consult a list of formulas.) 5 ?
Managers at an automobile manufacturing plant would like to estimate the mean completion time of an assembly line operation, u. The managers plan to choose a random sample of completion times and estimate u via the sample. Assuming that the standard devlation of the population of completion times is 10.1 minutes, what is the minimum sample size needed for the managers to be 99 % confident that their estimate is within 2.0 minutes of u? Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements). (If necessary, consult a list of formulas.) 5 ?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 25SGR
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