heyItsLuna234
03.08.2021 •
Mathematics
Suppose we want to estimate the expected average waiting time for the first customers at a bank. We make independent replications of the system, each initialized empty and idle and consisting of 100 waiting times. The resulting replicate means are:
i 1 2 3 4
Zi 5.2 4.3 3.1 4.2
Required:
Find a 90% confidence interval for the mean average waiting time for the first 100 customers.
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