Estimate the mean completion time


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 mean via the sample. Assuming that the standard deviation of the population of completion times is 10.3 minutes, what is the minimum sample size needed for the managers to be 95% confident that their estimate is within 2.2 minutes of Mean?

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).

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Estimate the mean completion time
Reference No:- TGS0720286

Expected delivery within 24 Hours