The average time that Pakistani commute in first three Banks is 18.033 minutes (Customer commute time in Banks, March 25, 2021). The average commute times in minutes for 8 Banks are given in Table 3.1.   Table 3.1 Banks Time (minutes) HBL 15.6 JS Bank 18.4 Faisal Bank 20.1 UBL 17.7 Mezan Bank 12.3 Allied Bank 23.8 Askari Bank 22.5 Habib Metro Bank 14.9 HBL 15.6 JS Bank 18.4   a)      What is the mean commute time for these 8 Banks?   b)      What is the median commute time for these 8 Banks?   c)      What is the mode for these 8 Banks?   d)      What is the variance and standard deviation of commute times for these 8 Banks?

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The average time that Pakistani commute in first three Banks is 18.033 minutes (Customer commute time in Banks, March 25, 2021). The average commute times in minutes for 8 Banks are given in Table 3.1.

 

Table 3.1

Banks

Time (minutes)

HBL

15.6

JS Bank

18.4

Faisal Bank

20.1

UBL

17.7

Mezan Bank

12.3

Allied Bank

23.8

Askari Bank

22.5

Habib Metro Bank

14.9

HBL

15.6

JS Bank

18.4

 

a)      What is the mean commute time for these 8 Banks?

 

b)      What is the median commute time for these 8 Banks?

 

c)      What is the mode for these 8 Banks?

 

d)      What is the variance and standard deviation of commute times for these 8 Banks?

 

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