GROUP A:2. The amount of the demand of deposits made daily in a certain banking agency, is random with normaldistribution of average 120 currency units and variance 64.Determine:(a) the percentage of days on which the amount of demand deposits is between 105 and 135 currency units.(B) the probability that the amount of deposits is higher than the average, in the days when this amount isless than 125 currency units.wwwwwwwww(C) the average and variance of the amount of demand deposits made weekly (consider that a week has 5days).(D) the lower limit of the amount of deposits which is 90% of the days.

The provided information is µ=120 σ2=64σ=8…

Answered: 2. The amount of the demand of deposits…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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