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Passengers using New York's MetroCard system must swipe the card at a rate between 10 and 36 inches per second, or else the card must be re-swiped through the card reader. Research shows that actual swipe rates by subway riders are uniformly distributed between 2 and 41 inches per second. (a) What is the mean swipe rate? (Round your answer to 2 decimal places.) Mean inches per second (b) What is the standard deviation of the swipe rate? (Round your answer to 2 decimal places.) Standard deviation inches per second (c) What are the quartiles? (Round your answers to 2 decimal places.) 1st Quartile inches per second 3rd Quartile inches per second (d) What percentage of subway riders must re-swipe the card because they were outside the acceptable range? (Round your answer to 2 decimal places.) Re-swipe %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92719017

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