What is the mean swipe rate

Assignment Help Business Management
Reference no: EM132903105

Passengers using New York's MetroCard system must swipe the card at a rate between 9 and 35 inches per second, or else the card must be re-swiped through the card reader. Research shows that actual swipe rates by subway riders are uniformly distributed between 3 and 40 inches per second.

(a) What is the mean swipe rate? (Round your answer to 2 decimal places.)

Mean:_____________ inches per second

(b) What is the standard deviation of the swipe rate? (Round your answer to 2 decimal places.)

Standard deviation:_______________ inches per second

(c) What are the quartiles? (Round your answers to 2 decimal places.)

1st Quartile inches per second_________________ 3rd Quartile inches per second__________________

(d) What percentage of subway riders must re-swipe the card because they were outside the acceptable range? (Round your answer to 2 decimal places.)

Re-swipe ________________ %

Reference no: EM132903105

Questions Cloud

What is the unit production cost under absorption costing : Gumamela began the year with no inventory, produced 12,000, and sold 7,500 units. What is the unit production cost under absorption costing?
Explain reverse engineering of share prices : Explain reverse engineering of share prices in conceptual terms. How does reverse engineering of share prices enable an analyst to infer
What procedures would perform during the risk assessment : When the auditor determines that "a risk of material misstatement is considered a significant risk, what are the next steps that the auditor may likely perform?
Difference between value-earnings and price-earnings ratio : In conceptual terms, explain the value-earnings ratio. Explain the difference between the value-earnings ratio and the price-earnings ratio
What is the mean swipe rate : Passengers using New York's MetroCard system must swipe the card at a rate between 9 and 35 inches per second, or else the card must be re-swiped through the ca
Description of the operating profit margin : Choose a public company, and present findings from your financial analysis in a report. Give a description of the operating profit margin.
Identify three economic factors : Identify three economic factors that will drive a firm's value-to-book ratio to be higher than that of other firms in the same industry
What is one public response to apple news : What is one public response to Apple's news that you would anticipate? Do you think that your classmate successfully mitigated this response?
Find two high quality articles in bond investment : Find two high quality articles in bond investment and share them with the class (Please make sure no login is required to view the articles).

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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