A Bank Manager Wants to Determine the Percent of Time

question 149

Multiple Choice

A bank manager wants to determine the percent of time the bank's tellers are working and idle.He decides to use work sampling,and his initial estimate is that the tellers are idle 20% of the time.Approximately how many observations should be taken to be 95% confident that the results will not be more than 5% away from the true result?

• A)6
• B)16
• C)44
• D)210
• E)246

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Definitions:

Employee Involvement Team

Meets regularly to address workplace issues.

Workplace Issues

Problems or challenges encountered in the work environment, such as discrimination, harassment, or issues related to job satisfaction and work-life balance.

Quality Of Work Life

A concept that refers to the overall satisfaction, well-being, and favorability of an individual's working environment and conditions.

Teams That Recommend Things

Groups or committees within organizations that suggest particular courses of action or solutions.