The number of arrivals per minute at a bank located in the central business district of a
Question:
The number of arrivals per minute at a bank located in the central business district of a large city was recorded over a period of 200 minutes with the results shown in the table below.
Complete parts (a) and (b)
Arrivals Frequency
0 16
1 37
2 48
3 41
4 27
5 17
6 8
7 3
8 1
Required
a. Compute the expected number of arrivals per minute.
μ=___( please type as an integer or a decimal)
b. Compute the standard deviation
σ=___(please round to three decimal places as needed)
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan