Ask Experts Questions for FREE Help !
Ask
    NightWing's Avatar
    NightWing Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 31, 2009, 08:57 PM
    Standard deviation with 95% certainty, two parts.
    By measuring the amount of time it takes a component of a product to move from one workstation to the next, an engineer has estimated that the standard deviation is 4.0 seconds.

    Answer each of the following (show all work):

    (A) How many measurements should be made in order to be 95% certain that the maximum error of estimation will not exceed 1 second?

    (B) What sample size is required for a maximum error of 2 seconds?
    galactus's Avatar
    galactus Posts: 2,271, Reputation: 282
    Ultra Member
     
    #2

    Nov 1, 2009, 06:58 AM
    To find the sample size use the formula .

    Plug in your knowns and solve for n.

    You are given E and

    The z score that corresponds to a 95% CI is 1.

    You will get a decimal solution, so always round up your answer to the next highest integer.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search


Check out some similar questions!

Standard Deviation and E(R) [ 1 Answers ]

Hello all, I need serious help with the following problem: Cineplex Inc is considering two mutually exclusive projects - Cable and Satellite. The Possible NPVs for each project and their associated probabilities are as follows: Cable: Satellite: ...

Standard Deviation [ 1 Answers ]

A medical researcher treats 100 subjects with high cholesterol with a new drug. The average decrease in cholesterol level is = 80 after two months of taking the drug. Assume that the decrease in cholesterol after two months of taking the drug follows a normal distribution, with unknown mean ...

Standard Deviation [ 2 Answers ]

On one of my homework assignments I had this question: A coin is tossed 72 times. Find the standard deviation for the number of heads that will be tossed. Could you please help me get started? Then I will be fine. Thank you, Cheryl :confused:


View more questions Search