User Account

All Pages

Find the variance of service time at the bank

Assignment Help Basic Statistics
Reference no: EM131694142

Question: The service time in queues should not have a large variance; otherwise, the queue tends to build up. A bank regularly checks service time by its tellers to determine its variance. A random sample of 22 service times (in minutes) gives s2 = 8. Give a 95% confidence interval for the variance of service time at the bank.

Reference no: EM131694142

Questions Cloud

Discuss three most important effects of farming : Identify what you believe to be the three most important effects of farming, and explain your choices thoroughly
Create another analogy for geological time : Create another analogy for geological time. Use it to relate the following major events in the history of life:
What is the projected production for may : Homestyle Interiors sells a variety of home furnishings including sleeper sofas. What is the projected production for May
Ensure compliance to specific criteria : ensure compliance to specific criteria. meet a specific goal, quality, or quantity.
Find the variance of service time at the bank : The service time in queues should not have a large variance; otherwise, the queue tends to build up. A bank regularly checks service time by its tellers.
American water keeps data flowing : Do significant research outside of the book " American Water Keeps Data Flowing " and demonstrate that you have in a very obvious way.
How a company utilized a cost accumulation system : Explain how the system was used and, specifically, how overhead was allocated - Discuss how the use of cost accumulation enhanced the companys operations
Prepare a market research strategy for any airlines company : Prepare a market research strategy for any airlines company
What is the equation of the trend line : Create a scatter chart of the AJ Auto data. What is the equation of the trend line?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd