Question

In: Statistics and Probability

The Region Banking Company is studying the number of times the ATM located at the NorthPark...

The Region Banking Company is studying the number of times the ATM located at the NorthPark Mall is used daily over each of the last 30 days. The usage times were as follows: 83, 64, 84, 76, 84, 54, 75, 59, 70, 61, 63, 80, 84, 73, 68, 52, 65, 90, 52, 77, 95, 36, 78, 61, 59, 84, 95, 47, 87, & 60 Arrange the data into equal class intervals of six's (6's) and determine the following: a. Class range b. Class width c. Class interval columns d. Class frequencies e. Class midpoints f. Class mean g. Modal class h. Class variance I. Class standard deviation

Solutions

Expert Solution

Formula Ref:

Mean:

Median:

Mode:

Variance & Standard deviation:

Formula Ref:

orchestra answered 1 year ago
Next > < Previous

Related Solutions

a) A bank is interested in studying the number of people who use the ATM. On...
a) A bank is interested in studying the number of people who use the ATM. On average, 2 customers walk up to the ATM during any 10 minute. Find the probability in each case. i) Atleast 5 customer in 20 minutes. ii) Fewer than 6 but more than 2 customer in 10 minutes. b) Anderson Research is a full-service marketing research consulting firm. Recently it was retained to do a project for a major U.S. airline. The airline was considering...
If the region or country where a company is located is experiencing a labor shortage, what...
If the region or country where a company is located is experiencing a labor shortage, what should the company's management do?     Rightsize the staff     Downsize the staff     Decrease remedial budgets     Suspend the recruitment process     Increase training budgets
DSW is a midsized coal mining company with 20 mines located in Hessen region in central...
DSW is a midsized coal mining company with 20 mines located in Hessen region in central Germany. The company operates deep mines as well as strip mines. Most of the coal mined is sold under contract, with excess production sold on the spot market. The coal mining industry, especially high-sulfur coal operations such as DSW, has been hard-hit by environmental regulations and warmer than expected winter 2014/2015 and 2016/2017. Recently, however, a combination of increased demand for coal and new...
An ATM with a service fee of $5 is used by a person 100 times in...
An ATM with a service fee of $5 is used by a person 100 times in a year. What would be the future value in 6 years (use a 4 percent rate) of the annual amount paid in ATM fees. Round FVA factor to 3 decimal places and final answer to 2 decimal places.
A regional planner is studying the demographics in a region of a particular state. She has...
A regional planner is studying the demographics in a region of a particular state. She has gathered the following data on nine counties. Country Median Income Median Age Coastal A $47,963 56.4 1 B 49,585 58.9 1 C 46,440 57.5 1 D 46,391 41.2 1 E 34,806 39.4 0 F 39,416 41.2 1 G 35,549 41.3 0 H 30,796 33.5 0 J 32,233 21.7 1 (a) Is there a linear relationship between the median income and median age? (Round your...
A banking executive studying the role of trust in areating austomer advocates has determined that 42 % of banking customers have complete trust
A banking executive studying the role of trust in areating austomer advocates has determined that 42 % of banking customers have complete trust, 48% of banking oustomers have moderate trust, and 10% have minimal or no trust in their primary financial institution. Of the banking oustomers that have complete trust, 68% are very likely to recommerd their primary financial inatution, of the banking oustomers that have moderate trust, 22 % are very likely to recommend their primary financial instluion; and...
A banking executive studying the role of trust in creating customer advocates has determined that 44% of banking customers have complete trust
 A banking executive studying the role of trust in creating customer advocates has determined that 44% of banking customers have complete trust, 47% of banking customers have moderate trust, and 9% have minimal orotrust in their primary financial institution. Ofthebanking customers that hae complete trust, 69% are very likely to recommend theirprimary financial institution of the bankingcustomersthathae moderate trust, 19% are very likely to recommend their primary financial institution; and of the banking customers that have minimal or no trust,...
A banking executive studying the role of trust in creating customer advocates has determined that 44% of banking customers have complete trust
A banking executive studying the role of trust in creating customer advocates has determined that 44% of banking customers have complete trust, 45% of banking customers have moderate trust, and 11% have minimal or no trust in their primary financial institution. Of the banking customers that have complete trust, 66 % are very likely to recommend their primary financial institution; of the banking customers that have moderate trust, 24% are very likely to recommend their primary financial institution; and of...
A space station is located in a gravity-free region of space. It consists of a large...
A space station is located in a gravity-free region of space. It consists of a large diameter, hollow thin-walled cylinder which is rotating freely about its axis. It is spinning at a speed such that the apparent gravity on the inner surface is the same as that on earth. The cylinder is of radius r and mass M. (a) What is the minimum total work which had to be done to get the cylinder spinning up to speed. (b) Radial...
A banking executive studying the role of trust in creating customer advocates has determined that 43...
A banking executive studying the role of trust in creating customer advocates has determined that 43 % of banking customers have complete trust, 47 % of banking customers have moderate trust, and 10 % have minimal or no trust in their primary financial institution. Of the banking customers that have complete trust, 65 % are very likely to recommend their primary financial institution; of the banking customers that have moderate trust, 16 % are very likely to recommend their primary...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT