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Instruction 18-11
Recently, a University Switched to a New Type

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Instruction 18-11
Recently, a university switched to a new type of computer-based registration. The registrar is concerned with the amount of time students are spending on the computer registering under the new system. She decides to randomly select eight students on each of the 12 days of the registration and determine the time each spends on the computer registering. The range, mean, and standard deviation of the times required to register are in the table that follows.
 Day  Range  Mean  Std. Dev 1105.2503.494923115.25010.306031320.3754.926242122.8758.39115358.50011.37676187.8756.937272511.2508.58158307.8759.523591710.2506.364010229.5007.874011277.8758.7086122612.8759.3723\begin{array}{llll}\text { Day } &\text { Range } & \text { Mean }&\text { Std. Dev }\\\hline1 & 10 & 5.250 & 3.4949 \\2 & 31 & 15.250 & 10.3060 \\3 & 13 & 20.375 & 4.9262 \\4 & 21 & 22.875 & 8.3911 \\5 & 35 & 8.500 & 11.3767 \\6 & 18 & 7.875 & 6.9372 \\7 & 25 & 11.250 & 8.5815 \\8 & 30 & 7.875 & 9.5235 \\9 & 17 & 10.250 & 6.3640 \\10 & 22 & 9.500 & 7.8740 \\11 & 27 & 7.875 & 8.7086 \\12 & 26 & 12.875 & 9.3723\end{array}

-Referring to Instruction 18-11,an R chart is to be constructed for the time required to register.The centre line of this R chart is located at _______


Definitions:

Net Assets

The total assets of a company or organization minus its total liabilities; an indicator of financial health.

Investment Income

Income generated from the allocation of funds into financial assets or properties expecting to gain profits.

Purchasing Power

The worth of a currency reflected by the quantity of goods or services a single unit of that currency can purchase.

Net Assets

The total assets of a company minus its total liabilities.

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