Step 1 :The question is asking to interpret the results of the confidence intervals for the population standard deviation at Bank A and Bank B. We need to compare the confidence intervals of the two banks and determine which system has lower variation in waiting times.
Step 2 :The confidence interval for Bank A is from 0.34 min to 1.24 min, and for Bank B is from 1.14 min to 4.20 min. If the confidence interval is smaller, it means the variation of waiting times is lower. Therefore, we can compare the width of the confidence intervals to determine which system has lower variation.
Step 3 :Let's calculate the width of the confidence intervals for both banks. The width of the confidence interval for Bank A is approximately 0.90 min, and for Bank B is approximately 3.06 min.
Step 4 :Since the width of the confidence interval for Bank A is smaller, it means the variation of waiting times is lower at Bank A. Therefore, the single-line system appears to be better.
Step 5 :\(\boxed{\text{C. The variation appears to be significantly lower with a single line system. The single-line system appears to be better.}}\)