Question

The values listed below are waiting times​ (in minutes) of customers at two different banks. At...

The values listed below are waiting times​ (in minutes) of customers at two different banks. At Bank​ A, customers enter a single waiting line that feeds three teller windows. At Bank​ B, customers may enter any one of three different lines that have formed at three teller windows. Answer the following questions.

Bank A

6.4

6.6

6.7

6.8

7.1

7.3

7.6

7.9

7.9

7.9

Bank Upper BBank B

4.3

5.4

5.8

6.2

6.7

7.7

7.7

8.4

9.4

10.0

Construct a 99​% confidence interval for the population standard deviation

sigma at Bank A.

_min < σ Bank A < _min

Construct a 99​% confidence interval for the population standard deviation

sigma at Bank B.

_min < σ Bank B < _min

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The values listed below are waiting times​ (in minutes) of customers at two different banks. At...
The values listed below are waiting times​ (in minutes) of customers at two different banks. At Bank​ A, customers enter a single waiting line that feeds three teller windows. At Bank​ B, customers may enter any one of three different lines that have formed at three teller windows. Answer the following questions. Bank A 6.3 6.6 6.7 6.8 7.1 7.3 7.5 7.9 7.9 7.9 Bank Upper B 4.1 5.4 5.7 6.2 6.7 7.8 7.8 8.4 9.3 10.0 Using Chi-Square critical...
The values listed below are waiting times (in minutes) of customers at two different banks. At...
The values listed below are waiting times (in minutes) of customers at two different banks. At bank A, customers enter a single waiting line that feeds three teller windows. At bank B, customers may enter any one of three different lines that have formed at three teller windows. Answer the following questions. a) Bank A: 6.5, 6.6, 6.7, 6.8, 7.1, 7.3, 7.4, 7.7, 7.7, 7.7 Construct a 95% confidence interval for the population standard deviation σ at bank A. ____...
The values listed below are waiting times​ (in minutes) of customers at two different banks. At...
The values listed below are waiting times​ (in minutes) of customers at two different banks. At Bank​ A, customers enter a single waiting line that feeds three teller windows. At Bank​ B, customers may enter any one of three different lines that have formed at three teller windows. Answer the following questions. Bank A 6.46.4 6.66.6 6.76.7 6.86.8 7.17.1 7.27.2 7.57.5 7.77.7 7.77.7 7.77.7 Bank Upper BBank B 4.24.2 5.55.5 5.95.9 6.16.1 6.86.8 7.77.7 7.77.7 8.68.6 9.39.3 10.010.0 LOADING... Click...
Banks once had a separate customer waiting line for each teller window. Numerous banks have now...
Banks once had a separate customer waiting line for each teller window. Numerous banks have now gone to a single waiting line that feeds the teller windows as vacancies occur. For one bank a simple random sample of wait time (in minutes) using the single waiting line was taken and the results are below: 6.5 6.6 6.7 6.8 7.1 7.3 7.4 7.7 7.7 7.7 The mean wait time for multiple lines was 7.5 minutes and the known standard deviation was...
An important statistical measurement in service facilities (such as restaurants and banks) is the variability in...
An important statistical measurement in service facilities (such as restaurants and banks) is the variability in service times. As an experiment, two bank tellers were observed, and the service times for each of 100 customers were recorded. Do these data allow us to infer at the 5% significance level that the variance in service times differs between the two tellers? Estimate with 95% confidence the ratio of variances of the two bank tellers. Teller 1 Teller 2 7.2 10.9 5.4...
The waiting times​ (in minutes) of a random sample of 21 people at a bank have...
The waiting times​ (in minutes) of a random sample of 21 people at a bank have a sample standard deviation of 4.7 minutes. Construct a confidence interval for the population variance σ2 and the population standard deviation σ  Use a 99% level of confidence. Assume the sample is from a normally distributed population. What is the confidence interval for the population variance σ2​? (__,__)  ​(Round to one decimal place as​ needed.) What is the confidence interval for the population standard deviation σ​?...
The waiting times​ (in minutes) of a random sample of 22 people at a bank have...
The waiting times​ (in minutes) of a random sample of 22 people at a bank have a sample standard deviation of 4.2 minutes. Construct a confidence interval for the population variance sigma squaredσ2 and the population standard deviation sigmaσ. Use a 90% level of confidence. Assume the sample is from a normally distributed population.
Queuing theory is the study waiting. Many banks are interested in the mean amount of time...
Queuing theory is the study waiting. Many banks are interested in the mean amount of time their customers spend waiting on line. Chase bank says their average wait time is 3 minutes with a population standard deviation of 1.25 minutes. To prove this the bank takes a random sample of 1250 people, and finds that their average time waiting on line is 3.73 minutes. A) construct a 99% confidence interval estimate for the population mean waiting time at Fleet. B)...
The waiting times​ (in minutes) of a random sample of 20 people at a bank have...
The waiting times​ (in minutes) of a random sample of 20 people at a bank have a sample standard deviation of 4.4 minutes. Construct a confidence interval for the population variance sigma squared and the population standard deviation sigma. Use a 90 % level of confidence. Assume the sample is from a normally distributed population. What is the confidence interval for the population variance sigma squared​? ​( nothing​, nothing​) ​(Round to one decimal place as​ needed.) Interpret the results. Select...
A random sample of 16 pharmacy customers showed the waiting times below (in minutes). 20, 27,...
A random sample of 16 pharmacy customers showed the waiting times below (in minutes). 20, 27, 24, 23, 19, 21, 18, 17 22, 15, 18, 32, 16, 20, 19, 19 Find a 90 percent confidence interval for μ, assuming that the sample is from a normal population. (Round your standard deviation answer to 4 decimal places and t-value to 3 decimal places. Round your answers to 3 decimal places.) The 90% confidence interval _____ to _____
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT