Question

number 13

Waiting times (in minutes) of customers at a bank where all customers enter a single waiting line and a bank where customers wait in individual lines at three different teller windows are listed below. Find the coefficient of variation for each of the two sets of data, then compare the variation Bank A (single line): 6.6 6.6 6.7 6.7 7.0 7.3 7.3 7.6 7.7 7.7 Bank B (individual 4.1 5.4 5.7 6.1 6.7 7.6 7.7 8.5 9.3 9.9 lines) The coefficient of variation for the waiting times at Bank A is (Round to one decimal place as needed.) %. The coefficient of variation for the waiting times at the Bank B is 1%. (Round to one decimal place as needed.) Is there a difference in variation between the two data sets? O A. The waiting times at Bank B have considerably less variation than the waiting times at Bank A. O B. There is no significant difference in the variations. O C. The waiting times at Bank A have considerably less variation than the waiting times at Bank B.

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Insert Page Layout Formulas Data Review View DeveloperHelp Tell me what you want to do Home Σ AutoSum , A Cut Copy Format Painter ψ Fill, Paste +0.00 Conditional Format as Cell Insert Delete Format Sort & Find & B 1 u . □ . 의· Morge & Contor. $ .% , Clear. Formatting Table- Styles Filter Select Clipboard Font Styles Cells F18 Coefficient of variation s u ) 100 s= Standard deviation Bank A Bank B 7.3 7.7 6.6 7.3 7.6 7.6 7.7 9.9 6.6 6.7 10 8.5 9.3 12 Mean Std. deviation Coefficient of variation Bank A Bank B 7.1 7.1 0,5 1.8 6.4% 25.8% 17 18

6.4%

25.8%

C. The waiting times at Bank A have considerably less variation than the waiting times at Bank B.

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