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Business, 26.02.2020 02:21 mszeew

Bank manager Art Hill wants to determine the percent of time that tellers are working and idle. He decides to use work sampling, and his initial estimate is that the tellers are idle 18% of the time. (Round all intermediate calculations to at least two decimal places before proceeding with further calculations.) The number of observations that need to be taken by Hill to be 95.45% confidence that the results will not be more than 4% from the true result

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Bank manager Art Hill wants to determine the percent of time that tellers are working and idle. He d...
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