You have below in a table the frequency distribution of the waiting time of customers at a sandwich shop. Using the information: a. calculate the Average (Mean) and b. Standard Deviation of the waiting time for customers at this shop Wait Time Customers 14 16 19 25 160 225 175 40.

You have below in a table the frequency distribution of the waiting time of customers at a sandwich shop. Using the information: a. calculate the Average (Mean) and b. Standard Deviation of the waiting time for customers at this shop Wait Time Customers 14 16 19 25 160 225 175 40.

Np Ms Office 365/Excel 2016 I Ntermed

1st Edition

ISBN:9781337508841

Author:Carey

Publisher:Carey

Chapter2: Formatting Workbook Text And Data

Section: Chapter Questions

Problem 3.20CP

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Payback Period

Payback period analysis is a method used to determine the relative time value of a project. It measures the time that a project will take to return its initial investment. The total time taken by the project to return the initial investment made for the project is called the payback period.

Question

You have below in a table the frequency distribution of the waiting time of customers at a sandwich shop. Using the information:

a. calculate the Average (Mean)

and

b. Standard Deviation of the waiting time for customers at this shop

Wait Time Customers

14 16 19 25 160 225 175 40.

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