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A bank branch located in a residential area has developed an improved process for serving customers during noon to 1:00 P.M lunch period. The waiting time in minutes (defined as time the customer enters the line to time he or she reaches the teller window) of all customers during this hour is recorded over a period of one week. A random sample of 15 customer is selected, and the result is as follows: 9.66 5.90 8.02 5.79 8.73 3.82 8.018.35 10.49 6.68 5.64 4.08 6.17 9.91 5.47Compute the mean, median, first quartile, and third quartile.
Compute the variance, standard deviation, range, interquartile range, coefficient of variation.
What assumptions about the number of pedestrians passing the location in an hour are necessary for your hypothesis test to be valid?
Calculate the mean and standard deviation of # of sales people (x) and sales (y). Find sample size n - Calculate the correlation coefficient with all three methods (covariance method, z-score method, and correlation tool in Excel).
A simple random sample of 40 salaries of NCAA football coaches has a mean of $415,953 and a standard deviation of $463,364. Construct a 95% confidence interval estimate of the mean salary of an NCAA football coach.
Consider the covariance stationary time series that satisfy the stochastic difference equation
q1 linear programming -- product outputnbspnbsp nbspa company produces 3 different products a b and c.
The standard deviation of the daily demand for a product is an important factor for inventory control for the product. Suppose that a pharmacy wants to estimate the standard deviation of the daily demand for a certain antibiotic. It is known that the..
Let X denote the mean of a random sample of size 128
A statistical process analyst is responsible for assuring statistical control. In one process, a machine is supposed to drop 11.4 ounces of mints into a bag. (Assume that this process can be approximated by a normal distribution). The acceptable rang..
What is the correlation between pre-test scores and post-test scores? Assuming the obvious directional hypothesis (i.e., that those who score highly at pre-test tend to score highly at post-test), is the correlation statistically significant?
A service call has just come in, but the type of malfunction is unknown. It is 3.00 P.M. and service technicians usually get off at 5:00 P.M. What is the probability the service technician will have to work overtime to fix the machine?
Analysis of Variance SPSS instructions: Use the five steps of hypothesis testing to determine whether the observed differences in the number of activities in the following table performed by the three groups are statistically significant at the .05 l..
What are the mean earnings of males and females in this sample? Does the regression result support the claim in the news and You decide to control for age (in years) in your regression results because older people, up to a point
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