We are trying to estimate the proportion of time a clerk is, Ask an Expert

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We are trying to estimate the proportion of time a clerk is working on a task. We would like to be 95% confident that we’re within 14% of the true value, but we have no idea of an initial value.

After 25 observations, the proportion of times the clerk was working on the task was 0.88. How many total observations would we need to take?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92550287

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