Estimate the actual percentage of idle time

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In an initial survey designed to estimate the percentage of time air-express cargo loaders are idle,an analyst found that loaders were idle in 6 of the 50 Observations. a- What is the estimated percentage of idle time? b-Based on the initial results,aproximately how many observations would you require to estimate the actual percentage of idle time to within 5 percent with a confidence of 95 percent?

Reference no: EM13252718

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