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Consider the bank of Example 9.1. Use the data from the 10 replications in Table 9.1 to co...

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

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Solutions For Problems in Chapter 9
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