It is desired to know the number of readings to time in production operation with a confidence level of 90% and an error of 8% for which the following times have been recorded at the preliminary level determined.
Lecture | time(min) | Lecture | Time(min) | Lecture | Time(min) | Lecture | Time(min) |
1 | 8.8 | 4 | 7.7 | 7 | 7.3 | 10 | 6.8 |
2 | 7 | 5 | 7.8 | 8 | 6.2 | 11 | 6.1 |
3 | 6.8 | 6 | 6.3 | 9 | 8.1 | 12 | 8 |
A) Average time
B) standard deviation
C) number of readings to time to meet the requirements that the study requires
D) error reached with those 12 data
A) Average time, m = (8.8+7+6.8+7.7+7.8+6.3+7.3+6.2+8.1+6.8+6.1+8)/12 = 7.24
B) Standard deviation, s = SQRT(((8.8-7.24)^2+(7-7.24)^2+(6.8-7.24)^2+(7.7-7.24)^2+(7.8-7.24)^2+(6.3-7.24)^2+(7.3-7.24)^2+(6.2-7.24)^2+(8.1-7.24)^2+(6.8-7.24)^2+(6.1-7.24)^2+(8-7.24)^2)/(12-1))
= 0.852
C) Desired confidence level = 90%
z = NORMSINV(1-(1-.9)/2) = 1.645
Margin of error, e = 8% = 0.08
Number of readings required = (z*s/(e*m))^2
= (1.645*0.852/(0.08*7.24))^2
= 6
D) Error reach with those 12 data
e = zs/(m*sqrt(n) )
= 1.645*0.852/(7.24*sqrt(12))
= 0.056 or 5.6 %
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