Jon needs to estimate how long finance associates are


Jon needs to estimate how long finance associates are taking to process payments. He wants to be 95% confident that he can estimate the time within plus or minus 5 minutes. Some quick observation leads him to believe that the variation between documents is about 20 minutes. If he has 115 associates, how many should Jon survey?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Jon needs to estimate how long finance associates are
Reference No:- TGS02819451

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)