In: Math
Lastly, compare the two sets of results.
Company | Wait times in seconds | |||||||
Big Burger Company | 105 | 67 | 78 | 120 | 175 | 115 | 120 | 59 |
The Cheesy Burger | 133 | 124 | 200 | 79 | 101 | 147 | 118 | 125 |
Let x be wait times in seconds for Big Burger Company
and y be wait times in seconds for the Cheesy Burger company.
n = 8
x | y | ||||
105 | 0.125 | 0.015625 | 133 | 4.625 | 21.39063 |
67 | -37.875 | 1434.516 | 124 | -4.375 | 19.14063 |
78 | -26.875 | 722.2656 | 200 | 71.625 | 5130.141 |
120 | 15.125 | 228.7656 | 79 | -49.375 | 2437.891 |
175 | 70.125 | 4917.516 | 101 | -27.375 | 749.3906 |
115 | 10.125 | 102.5156 | 147 | 18.625 | 346.8906 |
120 | 15.125 | 228.7656 | 118 | -10.375 | 107.6406 |
59 | -45.875 | 2104.516 | 125 | -3.375 | 11.39063 |
For Big Burger company,
Range = Largest observation - smallest observation
= 175 - 59
= 116
Range = 116
Variance:
(Round to 4 decimal)
Variance = 1391.2679
Standard deviation
s = 37.2997 (Round to 4 decimal)
Standard deviation = 37.2997
For the Cheesy Burger company,
Range = Largest observation - smallest observation
= 200 - 79
= 121
Range = 121
Variance:
(Round to 4 decimal)
Variance = 1260.5536
Standard deviation:
s = 35.5043 (Round to 4 decimal)
Standard deviation = 35.5043
Here Variance of Big Burger company is greater than variance of Cheesy Burger company.
That means the data set Big Burger company has more spread than Cheesy Burger company.