subject
Business, 27.06.2019 06:10 lbelle

As a customer walks into the branch office during the lunch hour, he asks the branch manager how long he can expect to wait. the branch manager replies, almost certainly less than 5 minutes." on the basis of the results of (a) through (c), evaluate the accuracy of this statement. choose the correct response below. a. since the mean and median are both greater than 5 minutes, the customer is likely to experience a waiting time in excess of 5 minutes.
b. since the range of values is greater than 5 minutes, the customer is likely to experience a waiting time in excess of 5 minutes.
c. since the standard deviation is less than 5 minutes, the customer is likely to experience a waiting time less than 5 minutes.
d. although both the mean and median are greater than 5 minutes, all values greater than 5 minutes have a z score greater than plus+3.0, thus they are outliers. this means the branch manager's statement is accurate

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 14:00
List five words to describe your dominant culture. list five words to describe a culture with which you are not a member, have little or no contact, or have limited knowledge. can someone explain what its meaning?
Answers: 1
question
Business, 21.06.2019 19:00
Spirula trading inc sublets a part of its offices building to jade inc. for a period of ten years . where will the company disclose this information?
Answers: 3
question
Business, 22.06.2019 05:30
Identify the three components of a family's culture and provide one example from your own experience
Answers: 2
question
Business, 22.06.2019 13:50
Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.
Answers: 2
You know the right answer?
As a customer walks into the branch office during the lunch hour, he asks the branch manager how lon...
Questions
Questions on the website: 13722363