Find the Midrange for the Given Sample Data A) 94 Min
B) 13

question 158

Multiple Choice

Find the midrange for the given sample data.
-The manager of a bank recorded the amount of time each customer spent waiting in line during peak business hours one Monday. The frequency distribution below summarizes the results. Find the mean waiting time.
Round your answer to one decimal place. $$\begin{array}{l}\text { Waiting time Number of }\\\begin{array} { r c } \text { (minutes) } & \text { customers } \\0 - 3 & 10 \\4 - 7 & 13 \\8 - 11 & 12 \\12 - 15 & 5 \\16 - 19 & 7 \\20 - 23 & 1 \\24 - 27 & 2\end{array}\end{array}$$

• A) 9.4 min
• B) 13.5 min
• C) 7.1 min
• D) 9.3 min

---

Definitions:

Product Life Cycle

The stages a product goes through from its introduction to the market until its decline and eventual withdrawal.

Graph Section

A visual component of data presentation, typically part of larger data visualization works, that uses graphical representations to showcase quantitative information.

Accelerated Development

Accelerated development is a strategy or approach that seeks to speed up the process of development and growth, often through intensified efforts or the use of innovative techniques.

Product Formulation

The process of designing the combination of ingredients in a product to achieve desired qualities.