Given the Following Work Sampling Data, Based Upon 100 Random

question 115

Short Answer

Given the following work sampling data, based upon 100 random observations of a particular worker:

-For a confidence level of 95.44% and a maximum error of.04,what should be the sample size for estimating the proportion of time spent performing activity A?
B?
C?

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Definitions:

Policy Fairness

The extent to which a policy is considered just, equitable, and unbiased towards individuals or groups affected by it.

Model Assumptions

Fundamental suppositions upon which economic models and theories are based to simplify reality and facilitate analysis.

Curve Shift

A change in the position of a curve on a graph, indicating a shift in the relationship between two variables.

Movement Along

Refers to a change in the quantity demanded or supplied of a good due to a change in its price, leading to movement along the demand or supply curve.