SOLUTION: 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 3.09 seconds.

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Question 624271: 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 3.09 seconds.

(A) How many measurements should be made in order to be 95% certain that the maximum error of estimation will not exceed 1.5 seconds?

(B) What sample size is required for a maximum error of 0.5 seconds?

Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 
Hi,
SD = 3.09
(A) How many measurements should be made in order to be 95% certain that the maximum error of estimation will not exceed 1.5 seconds?
ME = 1.96%2A%283.09%2Fsqrt%28n%29%29+=+1.5 solve for n
(B) What sample size is required for a maximum error of 0.5 seconds?
ME = 1.96%2A%283.09%2Fsqrt%28n%29%29+=+.5 solve for n