12. Overdraft fees at a large banks range from $10 to $35. Consumers believe these charges are annoying and excessive, bnt the fees generate large revennes for banks. Let X be the amount of an overdraft fee for a randomly selected bank The probability distribution of X is given in the table. Round your answer to three decimal places as necessary. $15 $30 $35 $20 0.30 $25 0.25 $10 P(x) 0.05 0.20 0.10 Fill in the missing probability in the table. b) Find the probability that the overdraft fee at a large bank is at least $20. c) Compute the mean overdraft fee. d) Compute the standard deviation of overdraft fees.

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12. Overdraft fees at a large banks range from $10 to $35. Consumers believe these charges
are annoying and excessive, bnt the fees generate large revennes for banks. Let X be the
amount of an overdraft fee for a randomly selected bank The probability distribution of
X is given in the table. Round your answer to three decimal places as necessary.
$35
$30
0.20
$15
$20
$25
$10
0.05
0.30
0.25
0.10
P(x)
a) Fill in the missing probability in the table.
b) Find the probability that the overdraft fee at a large bank is at least $20.
c) Compute the mean overdraft fee.
d) Compute the standard deviation of overdraft fees. T
hp
Transcribed Image Text:12. Overdraft fees at a large banks range from $10 to $35. Consumers believe these charges are annoying and excessive, bnt the fees generate large revennes for banks. Let X be the amount of an overdraft fee for a randomly selected bank The probability distribution of X is given in the table. Round your answer to three decimal places as necessary. $35 $30 0.20 $15 $20 $25 $10 0.05 0.30 0.25 0.10 P(x) a) Fill in the missing probability in the table. b) Find the probability that the overdraft fee at a large bank is at least $20. c) Compute the mean overdraft fee. d) Compute the standard deviation of overdraft fees. T hp
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