The National Bank of Zachary has opened up two new drive-through teller windows outside its main office building in downtown Zachary. The bank is not sure that it needs both windows open all days so it has decided to conduct a work sampling study to 11:30 am and 1:00 pm to 3:00 pm. The work sampling study was conducted at random over a 5-day period and the following observations were recorded. Bank management wants the study to be 5 percent accurate with a 95 percent confidence level. How many additional sample observations should be taken? Table is attached.
The National Bank of Zachary has opened up two new drive-through teller windows outside its main office building in downtown Zachary. The bank is not sure that it needs both windows open all days so it has decided to conduct a work sampling study to 11:30 am and 1:00 pm to 3:00 pm. The work sampling study was conducted at random over a 5-day period and the following observations were recorded. Bank management wants the study to be 5 percent accurate with a 95 percent confidence level. How many additional sample observations should be taken? Table is attached.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The National Bank of Zachary has opened up two new drive-through teller windows
outside its main office building in downtown Zachary. The bank is not sure that it needs both windows
open all days so it has decided to conduct a work sampling study to 11:30 am and 1:00 pm to 3:00 pm.
The work sampling study was conducted at random over a 5-day period and the following
observations were recorded. Bank management wants the study to be 5 percent accurate with a 95
percent confidence level. How many additional sample observations should be taken? Table is attached.
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