Find the coefficient of variation

Assignment Help Basic Statistics
Reference no: EM132483911

The customer service department of a phone company is experimenting with two different systems. On Monday they try the first system which is based on an automated menu system. On Tuesday they try the second system in which each caller is immediately connected with a live agent. A quality control manager selects a sample of seven calls each day. He records the time for each customer to have his or her question answered. The times (in minutes) are listed below. Find the coefficient of variation for each of the two sets of data, then compare the variation. Round results to one decimal place.

Automated Menu: 11.7 7.43.92.99.26.35.5Live agent: 6.2 2.94.44.13.45.23.7

Reference no: EM132483911

Questions Cloud

How many questions would you expect to get right : If you were to guess at random for each question, how many questions would you expect to get right?
What is the probability that at least one accident : Assuming that number reflects the true average now and that it follows the Poisson distribution, what is the probability that at least one accident
What does your number in part c represent : Using probability notation, what does your number in part c represent?
What is the companys diluted earnings per share : What is the company's diluted earnings per share? Smith & Sons reported net income of $1,620,000. At year end, the company had securities outstanding
Find the coefficient of variation : Find the coefficient of variation for each of the two sets of data, then compare the variation. Round results to one decimal place.
Calculate budgeted cash collections for October : Selling and administrative expenses for October are budgeted at $78,000, exclusive of depreciation. Calculate budgeted cash collections for October
What are the total cash flows in each year : What are the total cash flows in each year? Calculate the net present value (NPV) of the cash flow stream. Should the grill be purchased?
Find the probability that a randomly selected adult : Find the probability that a randomly selected adult has an IQ less than 140. The probability that a randomly selected adult has an IQ less than 140 is
Determine the insurance amount for the year : Determine the insurance amount for the year when cost for the year is $2400 and your financials are from july -sept ? Would it just be $400 or $600?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd