[Step-by-Step] Before bidding on a contract, a contractor wants to be 95% confident that he is in error by less than 20 minutes in estimating the average


Question: Before bidding on a contract, a contractor wants to be 95% confident that he is in error by less than 20 minutes in estimating the average time it takes a certain kind of cement to dry.  If the standard deviation of the time it takes to dry can be assumed to be 72 minutes, on how large a sample should she base the estimate?


Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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