A bank with a branch located in a commercial district of a city has the business objective of developing an improved process for serving customers during the noon-to-1 P.M. lunch period. Management decides to first study the waiting time in the current process. The waiting time is defined as the number of minutes that elapses from when the customer enters the line until he or she reaches the teller window. Waiting Time 5 to 9 10 to 14 15 to 19 20 to 24 25 to 29 Commercial 3 10 16 7 4 Find: a) the mean b) standard deviation c) mode
A bank with a branch located in a commercial district of a city has the business objective of developing an improved process for serving customers during the noon-to-1 P.M. lunch period. Management decides to first study the waiting time in the current process. The waiting time is defined as the number of minutes that elapses from when the customer enters the line until he or she reaches the teller window. Waiting Time 5 to 9 10 to 14 15 to 19 20 to 24 25 to 29 Commercial 3 10 16 7 4 Find: a) the mean b) standard deviation c) mode
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:Question 4
A bank with a branch located in a commercial district of a city has the business objective of
developing an improved process for serving customers during the noon-to-1 P.M. lunch period.
Management decides to first study the waiting time in the current process. The waiting time
defined as the number of minutes that elapses from when the customer enters the line until he
or she reaches the teller window.
Waiting Time
5 to 9
10 to 14
15 to 19
20 to 24
25 to 29
Commercial
3
10
16
7
4
Find:
a) the mean
b) standard deviation
c) mode
d) median
e) coefficient of variation
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