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Scenario A gas station company with 500 gas stations has an average (mean) theft rate of 10 incidents per day with a standard deviation of
Scenario A gas station company with 500 gas stations has an average (mean) theft rate of 10 incidents per day with a standard deviation of 2. Question What would the daily theft rate of a gas station in this example have to be in order for that gas station to have a somewhat problematic rate based on an abnormal frequency analysis? 14-16 incidents per day 12-14 incidents per day 0-12 incidents per day Over 16 incidents per day
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