A production system has a total daily output of 400 units and a total labor of 350 hours, what kind of productivity measure can
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Answer:
answer is
Step-by-step explanation:
After working this way for 6 months he takes a simple random sample of 15 days. He records how long he walked that day (in hours) as recorded by his fitness watch as well as his billable hours for that day as recorded by a work app on his computer.
Slope is -0.245
Sample size n = 15
Standard error is 0.205
Confidence level 95
Sognificance level is (100 - 95)% = 0.05
Degree of freedom is n -2 = 15 -2 = 13
Critical Value =2.16 = [using excel = TINV (0.05, 13)]
Marginal Error = Critical Value * standard error
= 2.16 * 0.205
= 0.4428
