How Many Cycles Should Be Used in a Time Study

question 19

Multiple Choice

How many cycles should be used in a time study in order to be 95% confident that the time-study average job cycle time is within 5% of the true average job cycle time.Assume that the average job cycle time was 2.67 minutes and the standard deviation of the sample was 0.72 minutes.

• A)36 cycles
• B)72 cycles
• C)98 cycles
• D)112 cycles

---

Definitions:

Fraud

(1) An intentional deception that causes harm to another. (2) A basis for contesting a will if the testator relied on false statements when he or she made the will.

False Statements

Assertions or claims that are not true, which in certain contexts, such as under oath in court or in financial reporting, can be illegal or fraudulent.

Undue Influence

A legal term referring to a situation where an individual is able to persuade another's decisions due to the relationship between the two parties.

Beneficiary

(1) A person who can expect to benefit from a relationship. (2) A person who receives, or will receive, the proceeds from an insurance policy or a will.