Finding Confidence Intervals. , Assume that each sample is a simple random sample obtained from a population with a normal distribution. a. Comparing Waiting Lines The values listed below are waiting times (in minutes) of customers at the Jefferson Valley Bank, where customers enter a single waiting line that feeds three teller windows. Construct a 95% confidence interval for the population standard deviation σ. 6.5 6.6 6.7 6.8 7.1 7.3 7.4 7.7 7.7 7.7 b. The values listed below are waiting times (in minutes) of customers at the Bank of Providence, where customers may enter any one of three different lines that have formed at three teller windows. Construct a 95% confidence interval for the population standard deviation σ. 4.2 5.4 5.8 6.2 6.7 7.7 7.7 8.5 9.3 10.0 c. Interpret the results found in parts (a) and (b). Do the confidence intervals suggest a difference in the variation among waiting times? Which arrangement seems better: the single-line system or the multiple-line system?
Finding Confidence Intervals. , Assume that each sample is a simple random sample obtained from a population with a
a. Comparing Waiting Lines The values listed below are waiting times (in minutes) of customers at the Jefferson Valley Bank, where customers enter a single waiting line that feeds three teller windows. Construct a 95% confidence interval for the population standard deviation σ.
6.5 6.6 6.7 6.8 7.1 7.3 7.4 7.7 7.7 7.7
b. The values listed below are waiting times (in minutes) of customers at the Bank of Providence, where customers may enter any one of three different lines that have formed at three teller windows. Construct a 95% confidence interval for the population standard deviation σ. 4.2 5.4 5.8 6.2 6.7 7.7 7.7 8.5 9.3 10.0
c. Interpret the results found in parts (a) and (b). Do the confidence intervals suggest a difference in the variation among waiting times? Which arrangement seems better: the single-line system or the multiple-line system?
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