In order to fairly set the flat rates for auto mechanics, a shop foreman needs to estimate the average time it takes to

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

In order to fairly set the flat rates for auto mechanics, a shop foreman needs to estimate the average time it takes to

Post by answerhappygod »

In order to fairly set the flat rates for auto mechanics, a shopforeman needs to estimate the average time it takes to replace afuel pump in a car. How large the sample must be selected if hewants to be 95 % confident that the average time is within 15minutes of the sample average. Assume that the sample standarddeviation of all times is 34 minutes The group chooses theanswer:
A.100
B.75
C.20
D.50
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply