Question

A survey across banks in Delhi showed the mean time taken to serve customers was 6.4...

A survey across banks in Delhi showed the mean time taken to serve customers was 6.4 minutes while the standard deviation was 1.5 minutes. It is not known whether the data distribution is symmetrical. a) What is the probability of a customer being served between 2.8 and 10 minutes? b) What is the probability of a customer being served at the expected value of the distribution? Show the sketches for your answers.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

It is given that the survey across banks in Delhi showed the mean time taken to serve customers was 6.4 minutes while the

standard deviation was 1.5 minutes.

Also here we don't known whether the data distribution is symmetrical.

So we need to use Chebyshev's inequality to find the probability.

a) Here we want to find the probability of a customer being served between 2.8 and 10 minutes

Here 2.8 - 6.4 = -3.6

and 10 - 6.4 = 3.6

So both the values 2.8 and 10 are same far from the mean of the distribution.

So the probability between 2.8 and 10 minutes is at least  

1 1 2

Let's find the value of k

10 6.4 2.4 1.5

Therefore required probability is as follows

0.826389 2.42

b) What is the probability of a customer being served at the expected value of the distribution? Show the sketches for your answers.

The expected value of the distribution is same as mean = 6.4

So P(X = 6.4) = 0

Add a comment
Know the answer?
Add Answer to:
A survey across banks in Delhi showed the mean time taken to serve customers was 6.4...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The manager of a grocery store has taken a random sample of 100 customers. The average...

    The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took the customers in the sample to check out was 3.1 minutes. The population standard deviation is known at 0.5 minutes. We want to test to determine whether or not the mean waiting time of all customers is significantly different than 3 minutes. Use α = 0.05. 14. The test statistic is a. 1.96 b. 1.64 c. 2.00 d. 0.056...

  • A recent national survey showed that the mean amount of time high school students spent per...

    A recent national survey showed that the mean amount of time high school students spent per day using Snapchat was 65 minutes, with a standard deviation of 9 minutes. Mrs. Jones, a school principal, surveyed 100 of her students and computed a sample mean of 67.6 minutes of daily Snapchat use. She would like to determine, with a .01 significance level, whether her school is significantly different from the national results. State the null and alternate hypotheses for this two-tailed...

  • Problem 4. The Security & Trust Bank employs 4 tellers to serve its customers. Customers arrive a...

    Problem 4. The Security & Trust Bank employs 4 tellers to serve its customers. Customers arrive ac cording to a Poisson process at a mean rate of 4 per minute. However, business is growing and management projects that the mean arrival rate will be 6 per minute a year from now. The transaction time between the teller and customer has an exponential distribution with a mean of 0.5 minute. Management has established the following guidelines for a satis- factory level...

  • 1) Let x be a continuous random variable that is normally distributed with a mean of...

    1) Let x be a continuous random variable that is normally distributed with a mean of 21 and a standard deviation of 7. Find to 4 decimal places the probability that x assumes a value a. between 24 and 30. Probability = b. between 17 and 31. Probability = ------------------------------------------------------------------------------------------------------------------------------------------------------ 2) Let x be a continuous random variable that is normally distributed with a mean of 65 and a standard deviation of 15. Find the probability that x assumes a...

  • 6) The YourMoney Bank claims that the mean waiting time of customers for service at the...

    6) The YourMoney Bank claims that the mean waiting time of customers for service at the drive through window is 3 minutes. a) State the Hypothesis to show the mean waiting time for service different than 3 minutes. b) Choose a level of a. Use a= 0.05 for this problem. c) To test the hypothesis, the quality-assurance department took a sample of 50 customers and records their waiting time in minutes. The data appear in the YourMoney worksheet of the...

  • A company has a customer services call centre. The company believes that the time taken to complete a call to the call centre may be modelled by a normal distribution with mean 16 minutes and standard deviation σ minutes. Given that 10% of the calls take

    A company has a customer services call centre. The company believes that the time taken to complete a call to the call centre may be modelled by a normal distribution with mean 16 minutes and standard deviation σ minutes. Given that 10% of the calls take longer than 22 minutes, (a)   show that, to 3 significant figures, the value of σ is 4.68.(3) (b)  Calculate the percentage of calls that take less than 13 minutes.(1) A supervisor in the call centre claims that the mean...

  • The neighborhood Clinkos Store has a single copy machine. The copier has been observed to serve...

    The neighborhood Clinkos Store has a single copy machine. The copier has been observed to serve on average 16 customers per hour during peak periods when it is never idle; the service time of this copier is exponentially distributed. Customers arrive at the copier according to a Poisson process with a mean of 12 customers per hour. 8. What is the coefficient of variation of the service time? If your answer is not an integer, provide at least three decimal...

  • The Burger Dome waiting line model studies the waiting time of customers at its fast-food restaurant....

    The Burger Dome waiting line model studies the waiting time of customers at its fast-food restaurant. Burger Dome's single-server waiting line system has an arrival rate of 0.75 customers per minute and a service rate of 1 customer per minute. Adapt the Black Sheep Scarves spreadsheet shown below to simulate the operation of this waiting line. Make sure to use the random values for both interarrival and service times generated in the worksheet_12-23. Assuming that customer arrivals follow a Poisson...

  • 5. The servicing time at the drive-through lane of a fast food restaurant follows an exponential distribution. The average servicing time is 2 minutes. (4 points) YORKVILLE BUSI 1013 statistics...

    5. The servicing time at the drive-through lane of a fast food restaurant follows an exponential distribution. The average servicing time is 2 minutes. (4 points) YORKVILLE BUSI 1013 statistics for Business What is the probability that it takes more than 2.5 minutes to service a customer at the drive-through lane? b. a. What percent of customers at the drive-through lane will take between 1 to 3 minutes to service? Part B 1. A simple random sample of 50 customers...

  • Complete the following three short answer problems. If you are able, feel free to print this...

    Complete the following three short answer problems. If you are able, feel free to print this out and write out your answers. If you do not have access to a printer, please write out your answers on a sheet of paper. You must show All Work including probability notation, probability distribution graph sketches, and circle your final answer to receive full credit. All calculations must be made in the provided Excel file. You must show a picture of your handwritten...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT