Table 2.15 reproduces the 100 waiting times for teller service that were originally given in Table 1.9.
Question:
a. Construct a stem-and-leaf display of the waiting times.
b. Describe the distribution of the waiting times.
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Transcribed Image Text:
Waiting Times (in Minutes) for the Bank Customer Waiting Time Case os WaitTime TABLE 1.9 1.6 7.9 7.2 6.2 3.2 5.6 6.1 6.6 5.4 6.5 4.4 1.1 3.8 7.3 10.7 5.6 4.9 2.3 4.5 7.2 4.1 5.1 8.7 6.7 6.7 5.4 2.9 7.5 3.9 .8 4.7 8.1 9.1 7.0 3.5 4.6 2.5 3.6 4.3 7.7 5.3 6.3 2.2 6.5 8.3 2.7 4.0 4.5 4.3 5.8 6.4 6.1 3.7 1.4 4.5 3.8 5.1 8.6 6.3 .4 8.6 7.8 1.8 2.0 4.2 6.8 10.2 5.2 3.7 5.5 2.8 5.8 9.8 8.0 8.4 4.0 3.4 2.9 11.6 9.5 6.3 5.7 4.4 9.3 10.9 4.3 1.3 2.4 7.4 9.2 4.7 3.1 4.8 5.2 1.8 3.9 7.4 5.8 9.9 5.0 TABLE 2.15 Waiting Times (in Minutes) for the Bank Customer Waiting Time Case (for Exercise 2.42) OS WaitTime 1.6 6.2 3.2 5.6 7.9 6.1 7.2 6.6 5.4 6.5 4.4 1.1 3.8 7.3 5.6 4.9 2.3 4.5 7.2 10.7 4.1 5.1 5.4 8.7 6.7 2.9 7.5 6.7 3.9 .8 4.7 8.1 9.1 7.0 3.5 4.6 2.5 3.6 4.3 7.7 5.3 6.3 6.5 8.3 2.7 2.2 4.0 4.5 4.3 6.4 6.1 3.7 5.8 1.4 4.5 3.8 8.6 6.3 .4 8.6 7.8 1.8 5.1 4.2 6.8 10.2 2.0 5.2 3.7 5.5 5.8 9.8 2.8 8.0 8.4 4.0 3.4 2.9 11.6 9.5 6.3 5.7 9.3 10.9 4.3 1.3 4.4 2.4 7.4 4.7 3.1 4.8 5.2 9.2 1.8 3.9 5.8 9.9 7.4 5.0
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a Stem unit 1 Leaf Unit 01 Bank Customer Wait Time Frequency Stem Leaf 2 0 4 8 6 1 1 ...View the full answer
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Related Book For
Business Statistics In Practice Using Data Modeling And Analytics
ISBN: 9781259549465
8th Edition
Authors: Bruce L Bowerman, Richard T O'Connell, Emilly S. Murphree
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