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How Many Observations Would Be Needed to Be 99

question 129

Short Answer

How many observations would be needed to be 99.74% confident that the maximum error is 5% of the observed time? Assume that the standard deviation of the task time is 2 seconds.


Definitions:

Voidable

A legal term describing a transaction or action that is valid until it is annulled or voided by one of the parties involved.

Enforceable

Capable of being imposed or complied with, typically referring to legal agreements or orders that can be upheld by law.

Secretary of State

A senior official in the state government responsible for managing governmental operations, often including the overseeing of elections and maintaining public records.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.

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