Use the Given Information to Find the Minimum Sample Size $\text { Margin of error: } \$ 136 \text {, confidence level: } 99 \% , \sigma = \$ 584$

question 91

Multiple Choice

Use the given information to find the minimum sample size required to estimate an unknown population mean µ.
- $\text { Margin of error: } \$ 136 \text {, confidence level: } 99 \% , \sigma = \$ 584$

• A) 62
• B) 123
• C) 50
• D) 71

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Definitions:

Manufacturing Cycle Efficiency

A performance measurement that evaluates how efficiently a manufacturing process converts raw materials into finished goods.

Non-value-added Activities

Processes or tasks that consume resources but do not add value or contribute to the customer's requirements or product enhancement.

Delivery Cycle Time

The total time taken from when a customer places an order to when the product is delivered to the customer.

Quality Cost Report

A document detailing the costs associated with preventing, detecting, and correcting defective work in a company.