document.write( "Question 701827: 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 3.18 seconds.\r
\n" ); document.write( "\n" ); document.write( "(A) How many measurements should be made in order to be 98% certain that the maximum error of estimation will not exceed 2.0 seconds?
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\n" ); document.write( "(B) What sample size is required for a maximum error of 1.0 seconds\r
\n" ); document.write( "\n" ); document.write( "Please walk me through this
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Algebra.Com's Answer #432606 by stanbon(75887)\"\" \"About 
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the standard deviation is 3.18 seconds.
\n" ); document.write( "(A) How many measurements should be made in order to be 98% certain that the maximum error of estimation will not exceed 2.0 seconds?
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\n" ); document.write( "Since E = z*s/sqrt(n),
\n" ); document.write( "n = [z*s/E]^2
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\n" ); document.write( "Also, 98% confidence has a left tail of 1% and a right tail of 1%
\n" ); document.write( "-invNorm(0.01) = 2.3263
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\n" ); document.write( "Your Problem:
\n" ); document.write( "n = [2.3263*3.18/2]^2 = 14 when rounded up
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\n" ); document.write( "\n" ); document.write( "(B) What sample size is required for a maximum error of 1.0 seconds
\n" ); document.write( "n = [2.3263*3.18/1]^2 = 55 when rounded up
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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