Example: Cycle-time data for an application receipt to account opening process is as follows (in days): 4, 4, 3, 5, 1, 5. The mean of these values is 3.66666666…, and should be rounded to 3.7.

Microsoft Excel: The Swiss Army knife of data analysis, current versions of the Microsoft Excel spreadsheet can store up to 1 million rows of data. It also has basic tools for manipulating and ...