Consider the bank of Example 9.1. Use the data from the 10 replications in Table 9.1 to construct a point estimate for the median (i.e., 0.5-quantile) of the distribution of the average delay over a day. How does this estimate compare with the sample mean in Example 9.14?
Example 9.1
Example 9.14
TABLE 9.1 Results for 10 independent replications of the bank model
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.