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The Amount of Time It Takes to Serve Each Customer 3×3.7=11.13 \times 3.7 = 11.1

question 208

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The amount of time it takes to serve each customer in a bank is a random variable with a mean of 3.7 minutes and a standard deviation of 2.1 minutes.When you arrive at the bank there are three customers in front of you.The mean of your wait time is 3×3.7=11.13 \times 3.7 = 11.1 minutes.The standard deviation of your wait time is 2.12+2.12+2.123.64\sqrt { 2.1 ^ { 2 } + 2.1 ^ { 2 } + 2.1 ^ { 2 } } \approx 3.64 minutes.What assumptions (if any) underlie the calculation of the mean? of the standard deviation?


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