Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Salvatore, as the director of a regional bank, is concerned about the wait times of customers at the four branches. He randomly selects , 48
Salvatore, as the director of a regional bank, is concerned about the wait times of customers at the four branches. He randomly selects , 48 patrons, at each branch and records the waiting time for each patron. The results of the samples are shown below. The Alvrine branch has a mean waiting time of 13.49 minutes with a standard deviation of 1.97 minutes. The Durham branch has a mean waiting time of 12.61 minutes with a standard deviation of 2.89 minutes. The Hanover branch has a mean waiting time of 11.06 minutes with a standard deviation of 2.46 minutes. The Mascomonet branch has a mean waiting time of 12.89 minutes with a standard deviation of 3.12 minutes. Which of the branches has the most inconsistent waiting times? Explain. Select the correct answer below: The Alvrine branch has the most inconsistent waiting times because it has the greatest mean waiting time. The Alvrine branch the most inconsistent waiting time because the it has the lowest standard deviation. The Hanover branch does because it has the lowest mean waiting time. The Hanover branch does because it has the largest standard deviation. The Mascomonet branch has the most inconsistent waiting times because it
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started