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The Amount of Time It Takes to Serve Each Customer

Question 37

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The amount of time it takes to serve each customer in a bank is a random variable with a mean of 3.7 minutes and a standard deviation of 2.1 minutes.When you arrive at the bank there are three customers in front of you.The mean of your wait time is 3 × 3.7 = 11.1 minutes.The standard deviation of your wait time is The amount of time it takes to serve each customer in a bank is a random variable with a mean of 3.7 minutes and a standard deviation of 2.1 minutes.When you arrive at the bank there are three customers in front of you.The mean of your wait time is 3 × 3.7 = 11.1 minutes.The standard deviation of your wait time is   ≈ 3.64 minutes.What assumptions (if any) underlie the calculation of the mean? of the standard deviation? A) Mean: that the time for each customer follows a Normal model Standard deviation: that the times for the three customers are independent of one another and that the time for each customer follows a Normal model B) Mean: that the times for the three customers are independent of one another Standard deviation: that the times for the three customers are independent of one another C) Mean: no assumptions required Standard deviation: that the times for the three customers are independent of one another D) Mean: no assumptions required Standard deviation: no assumptions required E) Mean: no assumptions required Standard deviation: that the times for the three customers are independent of one another and that the time for each customer follows a Normal model
≈ 3.64 minutes.What assumptions (if any) underlie the calculation of the mean? of the standard deviation?


A) Mean: that the time for each customer follows a Normal model
Standard deviation: that the times for the three customers are independent of one another and that the time for each customer follows a Normal model
B) Mean: that the times for the three customers are independent of one another
Standard deviation: that the times for the three customers are independent of one another
C) Mean: no assumptions required
Standard deviation: that the times for the three customers are independent of one another
D) Mean: no assumptions required
Standard deviation: no assumptions required
E) Mean: no assumptions required
Standard deviation: that the times for the three customers are independent of one another and that the time for each customer follows a Normal model

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