Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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