Rick DeNeefe, manager of the Golden Valley Bank credit authorization department, recently noticed that a major competitor was advertising that applications for equity loans could be approved within two working days. Because fast credit approval was a competitive priority, DeNeefe wanted to see how well his department was doing relative to. the competitor's. Golden Valley stamps each application with the date and time it is received and again when a decision is made. A total of 107 applications were received in March. The time required for each decision, rounded to the nearest hour, is shown in the accompanying table. Golden Valley's employees work 8 hours per day. Data Table competitor was advertising that applications for equity loans could be approved within two working days. Because fast credit approval was a competitive priority. DeNeefe wanted to see how well his department was doing relative to the competitor's. Golden Valley stamps each application with the date and time it is received and again when a decision is made. A total of 107 applications were received in March. The time required for each decision, rounded to the nearest hour, is shown in the accompanying table. Golden Valley's employees work 8 hours per day. Click the icon to view the data table. a. Based on the data, choose the correct answer below. b. Analyze the data. How is Golden Valley Bank doing with regard to this competitive priority? A. While Golden Valley's approximate average time is only slightly more than two working days, a significant number of customers waited longer than 18 hours ( 39 of 107 ). Also, too many customers waited about three working days or more ( 15 of 107), which should be investigated. B. Most of Golden Valley's customers waited less than two working days, but a small number of customers waited longer than 18 hours ( 10 of 107 ). Also, too many customers waited about three working days or more (15 of 107), which should be investigated. C. Most of Golden Valley's customers waited less than two working days, and only a small number of customers waited longer than two working days ( 10 of 107), so this bank is doing very well. D. While Golden Valley's approximate average time is only slightly more than two working days, only a small number of customers waited longer than two working days ( 15 of 107), so this bank is doing very well