Find the minimum sample size needed for the managers

Assignment Help Basic Statistics

Reference no: EM13134288

Managers at an automobile manufacturing plant would like to estimate the mean completion time of an assembly line operation, . The managers plan to choose a random sample of completion times and estimate via the sample. Assuming that the standard deviation of the population of completion times is minutes, what is the minimum sample size needed for the managers to be confident that their estimate is within minutes of?

Reference no: EM13134288

Questions Cloud

Who will sell vouchers and who will buy them : How much is each pollution voucher worth to Company A on the margin (that is, what is it willing to pay for one more voucher)? To Company B?

What arguments might you present against current position : Until recently, governments were not permitted to recognize increases in the value of investments as revenue. What arguments might you present in support of the current position that investments.

Journal entry to accrue the employer payroll tax expense : The company is subject to state unemployment taxes at the rate of 2% and federal unemployment taxes at the rate of 0.8%. By May 15, some employees had earned over $7,000, so only $9,000 of the $20,000 weekly gross pay was subject to unemployment t..

How many grams of co2 (g) are theoretically produced : In an excess amount of oxygen, how many grams of CO2 (g) are theoretically produced from the combustion of 901.0 g of glucose [C6H12O6 (s), molar mass of 180.2 g/mol]?

Find the minimum sample size needed for the managers : The standard deviation of the population of completion times is minutes, what is the minimum sample size needed for the managers to be confident that their estimate is within minutes of?

Calculate the realized and recognized gain or loss : Sara owns an automobile for personal use. The adjusted basis is $14,000 and the FMV is $12,500. Sara has owned the car for two years. Calculate the realized and recognized gain or loss if Sara sells the vehicle for $12,500

Explain dna coiling and topoisomerase : DNA Coiling and Topoisomerase, draw a circular DNA molecule that contains 3 negative supercoils. In this DNA molecule, make L = 250 and T = 253. Don't draw the details here i.e., all 250 of the strand passages around each other.

Which h atom transition responsible for photon emission : Determine which H atom transition (ninitial,nfinal) was responsible for the emission of a photon with a frequency of 6.91 x 1014 Hz.

Individual formal research report based : Individual formal research report based around any one of the current business issues discussed during LB5214 (executive summary; background; and aspects /issues/problems sections are each to be under 150 words.

User Account

All Pages