Table 2.15 reproduces the 100 waiting times for teller service that were originally given in Table 1.9.
Question:
a. Construct a stem-and-leaf display of the waiting times.
b. Describe the distribution of the waiting times.
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Transcribed Image Text:
Waiting Times (in Minutes) for the Bank Customer Waiting Time Case os WaitTime TABLE 1.9 1.6 7.9 7.2 6.2 3.2 5.6 6.1 6.6 5.4 6.5 4.4 1.1 3.8 7.3 10.7 5.6 4.9 2.3 4.5 7.2 4.1 5.1 8.7 6.7 6.7 5.4 2.9 7.5 3.9 .8 4.7 8.1 9.1 7.0 3.5 4.6 2.5 3.6 4.3 7.7 5.3 6.3 2.2 6.5 8.3 2.7 4.0 4.5 4.3 5.8 6.4 6.1 3.7 1.4 4.5 3.8 5.1 8.6 6.3 .4 8.6 7.8 1.8 2.0 4.2 6.8 10.2 5.2 3.7 5.5 2.8 5.8 9.8 8.0 8.4 4.0 3.4 2.9 11.6 9.5 6.3 5.7 4.4 9.3 10.9 4.3 1.3 2.4 7.4 9.2 4.7 3.1 4.8 5.2 1.8 3.9 7.4 5.8 9.9 5.0 TABLE 2.15 Waiting Times (in Minutes) for the Bank Customer Waiting Time Case (for Exercise 2.42) OS WaitTime 1.6 6.2 3.2 5.6 7.9 6.1 7.2 6.6 5.4 6.5 4.4 1.1 3.8 7.3 5.6 4.9 2.3 4.5 7.2 10.7 4.1 5.1 5.4 8.7 6.7 2.9 7.5 6.7 3.9 .8 4.7 8.1 9.1 7.0 3.5 4.6 2.5 3.6 4.3 7.7 5.3 6.3 6.5 8.3 2.7 2.2 4.0 4.5 4.3 6.4 6.1 3.7 5.8 1.4 4.5 3.8 8.6 6.3 .4 8.6 7.8 1.8 5.1 4.2 6.8 10.2 2.0 5.2 3.7 5.5 5.8 9.8 2.8 8.0 8.4 4.0 3.4 2.9 11.6 9.5 6.3 5.7 9.3 10.9 4.3 1.3 4.4 2.4 7.4 4.7 3.1 4.8 5.2 9.2 1.8 3.9 5.8 9.9 7.4 5.0
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
a Stem unit 1 Leaf Unit 01 Bank Customer Wait Time Frequency Stem Leaf 2 0 4 8 6 1 1 ...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Business Statistics In Practice Using Data Modeling And Analytics
ISBN: 9781259549465
8th Edition
Authors: Bruce L Bowerman, Richard T O'Connell, Emilly S. Murphree
Question Posted:
Students also viewed these Mathematics questions
-
In the table below, 5 DMUS with a single input and a single output are given. (1) Plot DMUs in the figure. (2) Draw the VRS DEA best frontier on the figure and point out which DMU is inefficient...
-
Given the following data, construct a stem and leaf diagram: 0.7 17 2.8 3.8 0.81.83.3 4.3 10 2.0 4.4 5.4 1 2.1 5.3 6.3 14 2.4 5.4 6.4 2.0 3.0
-
Construct a stem and leaf display for the following data, which also can be found in the Excel file Prob 2- 23 data.xlsx 72 120 83 79 137 99 75 86 71 122 87 125 130 111 134 118 110 97 116 139 112 115...
-
Read the Poem Little Birds Flying and answer the following questions: What it is notifying? To whom it is notifying? How is the work two dimensional? What does it take to realize the project? ...
-
If a Japanese car costs 1,500,000 yen, a similar American car costs $30,000, and a dollar can buy 100 yen, what are the nominal and real exchange rates?
-
An oxygen tank with a volume of 2.5 ft3 is kept in a room at 50F. An engineer has used the ideal gas equation of state to determine that if the tank is first evacuated and then charged with 35.3lbm...
-
How will you know whether the CMC plan to increase healthcare value is a success?
-
Do you agree with the accounting treatment that Overstock typically applied to the revenues generated by its "Partner" line of business? Why or why not?
-
Big Data Project Professor Burnside has a side mail order business called Burnside Storage which sells storage kits and other items used in backyards. Professor Burnside has been keeping the...
-
Mr B aged 52 years, has earned rupees 75,00,000 out of his business. His ex-wife gifted him a car worth rupees 8 lakh. He spent a total of rupees 20 lakh during a family trip. He won a lottery of 16...
-
Discuss the relationship between a scatter plot and a time series plot.
-
When we construct a bar chart or graph, what is the effect of starting the vertical axis at a value that is far above zero? Explain.
-
On April 1, 2016, Win of Canada ordered customized fittings from Ace, a U.S. firm, to be delivered on May 31, 2016, at a price of 50,000 Canadian dollars. The spot rate for Canadian dollars on April...
-
Shamika conducts a study comparing the performance of individuals on the first quiz in each of two classes taken in the first term of their freshman year. The scores, out of 100, are provided for...
-
Adult Sleep Times (hours) of sleep for randomly selected adult subjects included in the National Health and Nutrition Examination Study are listed below. Here are the statistics for this sample: n =...
-
Topic: I made a couple changes X Zag HCHW Ch 2 (31) (1).pdf X W2ag HW Ch 1 (20) - Physics 2ag X /Desktop%20user/Downloads/2ag%20HCHW%20Ch%202%20(31) %20(1).pdf f o search Hi 2/14 - I + 90% + 1.1 a....
-
Cashless Society. 40% of consumers believe that cash will be obsolete in the next 20 years (based on a survey by J.P. Morgan Chase). In each of Exercises 15-20, assume that 8 consumers are randomly...
-
Pacifico Company, a U . S . - based importer of beer and wine, purchased 1 , 3 0 0 cases of Oktoberfest - style beer from a German supplier for 3 1 2 , 0 0 0 euros. Relevant U . S . dollar exchange...
-
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan...
-
You are a Loan Officer with an Investment Bank. Today you need to set your lending parameters. They are: LTV: 55% 10 Year T-Bill: TBD Rate Markup: 300 Basis Points Term: 30 Years Amortization: 30...
-
Ages of women when they were first married. Classify each variable as discrete or continuous.
-
Weights of the backpacks of first-graders on a school bus. Classify each variable as discrete or continuous.
-
Number of students each day who make appointments with a math tutor at a local college. Classify each variable as discrete or continuous.
-
ACC 2 0 2 Milestone One: Operational Costs Data Appendix You plan to open a small business for manufacturing pet collars, leashes, and harnesses. You have found a workshop space you can use for...
-
Explain the following: Understand the PPE acquisition (or investing) cycle and related significant transactions and source documents Understand the relevant assertions/objectives about PPE balances...
-
Problem 3 Progress Company acquired 6 0 % of Stall Corporation on 1 2 0 2 0 . Fair values of Stall's assets and liabilities approximated book values on that date. Progress uses the initial value...
Study smarter with the SolutionInn App