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(10) You are simulating a clinic. You hypothesize that the patient satisfaction ratings are correlated with service times. Both are to be random variate inputs.
(10) You are simulating a clinic. You hypothesize that the patient satisfaction ratings are correlated with service times. Both are to be random variate inputs. It has been previously determined that the two are each normally distributed. Use the following data points. Service Time Satisfaction 24.52 86.54 19.35 89.40 31.23 75.22 22.76 83.46 20.14 83.58 20.41 90.70 12.67 93.25 19.67 88.22 23.65 86.67 16.86 86.48 22.86 80.53 15.38 92.80 Determine the correlation between the two datasets. (Hint: Use the Excel CORREL function). If its absolute value is greater than 0.7, generate a pair of random variates using 21 = 0.214- and 22 = 0.732. Generate the service time variate using the direct equation (Without p) and generate the satisfaction variate using the other equation
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