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- The values listed below are waiting times (in minutes) of customers at two different banks. At Bank A, customers enter a single waiting line that feeds three teller windows. At Bank B, customers may enter any one of three different lines that have formed at three teller windows. Answer the following questions. Bank A 6.4 6.6 6.7 6.8 7.1 7.3 7.5 7.7 7.7 7.7 Bank B 4.2 5.5 5.7 6.2 6.7 7.8 7.8 8.5 9.3 10.0 Click the icon to view the table of Chi-Square critical values. Construct a 95% confidence interval for the population standard deviation o at Bank A. min< OBank A min (Round two decimal places as needed.) Construct a 95% confidence interval for the population standard deviation o at Bank B. min < OBank B < min (Round to two decimal places as needed.) Interpret the results found in the previous parts. Do the confidence intervals suggest a difference in the variation among waiting times? Does the single-line system or the multiple-line system seem to be a better arrangement? O A. The…enter any one of three different lines that have formed at three teller windows. Answer the following questions. The values listed below are waiting times (in minutes of customers at two different banks. At Bank A, customers enter a single waiting line that feeds three teller windows. At Bank B, customers m Bank A 6.6 Bank B 6.7 4.2 5.8 6.8 5.4 6.2 7.1 6.6 7.2 7.8 7.5 7.8 8.5 Click the icon to view the table of Chi-Square critical values. 7.8 9.3 7.8 10.0 construct a 90% confidence interval for the population standard deviation at bank A. Construct a 90% confidence interval for the population standard deviation at bank B.In a memory test, the test subjects are given a large number and are asked to memorize it. Historical records show that 80% of test subjects pass the test. To pass the test, a subject must exactly repeat all the digits in the number after two hours. A random sample of 625 people to take the memory test is going to be chosen. Let p be the proportion of people in the sample who pass the test. Answer the following. (If necessary, consult a list of formulas.) (a) Find the mean of P. 0 (b) Find the standard deviation of p. 0 (c) Compute an approximation for P(P >0.84), which is the probability that more than 84% of the people in the sample pass the test. Round your answer to four decimal places. 0 X
- Ten thousand raffle tickets are sold for $2 each. One first prize of $1400, 3 second prizes of $800 each, and 9 third prizes of $400 each are to be awarded, with all winners selected randomly. If you purchase one ticket, what are your expected winnings? Round your answer to the nearest cent.On a particular night, a baseball stadium sells 60% of its seats, and of those, 15% do not end up showing up to the game. Assuming everyone present is sitting in a seat, what percentage of seats in the stadium are empty?A teacher announces a pop quiz for which the student is completely unprepared. The quiz consists of 20 true-false questions. The student has no choice but to guess the answer randomly for all 20 questions. The accompanying table gives the 20 correct answers, which were actually randomly generated. Complete parts a. and b. below. a. How many questions can the student expect to answer correctly simply by guessing? b. What percentage of answers were true, and what percentage would you expect? Why are they not necessarily identical? The percentage of answers that were true was? The expected percentage of answers that would be true is? Why are these answers not necessarily identical? A. With random phenomena, the proportion of times that something happens is highly predictable in the short run. B. With random phenomena, the proportion of times that something happens is highly random and variable in the short run. C. With random phenomena, the…
- In a recent survey, a group of people were asked if they were happy or unhappy with the state of the country. The data are shown in the contingency table below, organized by political party. What is the relative risk of being unhappy with the state of the country for Democrats? Round your answer to two decimal places. Нарру | Unhappy | Total Republican 152 98 250 Democrat 104 146 250 Total 256 244 500 Provide your answer below:A raffle has a grand prize of $15000 with the second prize of $900. If each ticket costs $2 and 9200 tickets are sold, what are the expected winnings for a ticket buyer? Express to at least three decimal place accuracy in dollar form (as opposed to cents).Suppose 25% of workers in a market are willing to work for $55.000 and 75% of workers are willing to work for $63,000. The expected benetit of searching (interviewing) another worker equals S
- The values listed below are waiting times (in minutes) of customers at two different banks. At Bank A, customers enter a single waiting line that feeds three teller windows. At Bank B, customers may enter any one of three different lines that have formed at three teller windows. Answer the following questions. 7.1 6.7 5.8 7.8 10.0 Bank A 6.5 4.2 6.6 5.4 6.8 6.2 7.2 Bank B 7.5 7.6 7.8 8.4 7.8 9.4 6.7 7.6 Click the icon to view the table of Chi-Square critical values. Construct a 90% confidence interval for the population standard deviation o at Bank A. min < ogank Amin (Round to two decimal places as needed.)B. Perimeter Shot - A perimeter shot, also known as a mid-range shot, is a jump shot or general field goal attempt that an offensive player can take inside of the three-point line and is worth 2 points. To practice this, Piel has to choose four different shooting spots among the five different spots in where he is comfortable of shooting. In previous games, his shot selection is 5% from the right baseline (Spot 1), 15% from the right elbow (Spot 2), 20% from the top of the key (Spot 3), 25% from the left elbow (Spot 4) and 35% from the left baseline (Spot 5). In this drill, a shooting spot can be selected once, multiple times, or not at all. This drill illustrates a random experiment with distribution. To help Piel decide, below is the partial table for the means and standard deviations of the random variable, Y, or the number of times he shoot the ball in a shooting spot. Shooting Spot E[Y] SD[Y] Spot 1 0.2 0.4359 Spot 2 0.6 0.7141 Spot 3 0.8 0.8000 Spot 4 the mean of 1.4 by will…The values listed below are waiting times (in minutes) of customers at 2cdifferent banks. At Bank A, customers enter a single waiting line that feeds three teller windows. At Bank B, customers mayventer any one of three different lines that have formed at three teller windows. Answer the following questions. Bank A 6.3 6.6 6.7 6.8 7.1 7.2 7.5 7.8 7.8 Bank B 4.1 5.5 5.8 6.1 6.7 7.7 7.7 8.4 9.3 10.0 Construct a 95% confidence interval for the population standard deviation at Bank A