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 6.3 6.6 6.7 6.8 7.1 7.3 7.4 7.7 7.7 7.7 Bank B 4.2 5.3 5.7 6.3 6.8 7.6 7.6 8.4 9.2 10.0 Construct a 99% confidence interval for the population standard deviation σ at Bank A. _min<σBank A<min (Round to two decimal places as needed.) Construct a 99% confidence interval for the population standard deviation σ at Bank B. min<σBank 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? A. The variation appears to be significantly lower with a multiple-line system. The single-line system appears to be better. B. The variation appears to be significantly lower with a multiple-line system. The multiple-line system appears to be better. C. The variation appears to be significantly lower with a single line system. The single-line system appears to be better. D. The variation appears to be significantly lower with a single line system. The multiple-line system appears to be better.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Question

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	6.3	6.6	6.7	6.8	7.1	7.3	7.4	7.7	7.7	7.7
Bank B	4.2	5.3	5.7	6.3	6.8	7.6	7.6	8.4	9.2	10.0

Construct a 99% confidence interval for the population standard deviation

σ at Bank A.

___min<σBank A<__min

(Round to two decimal places as needed.)

Construct a 99% confidence interval for the population standard deviation

σ at Bank B.

__min<σBank 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?

The variation appears to be significantly lower with a multiple-line system. The single-line system appears to be better.

The variation appears to be significantly lower with a multiple-line system. The multiple-line system appears to be better.

The variation appears to be significantly lower with a single line system. The single-line system appears to be better.

The variation appears to be significantly lower with a single line system. The multiple-line system appears to be better.

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 4 steps with 6 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Research Ethics$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions