Suppose ARB Bank is reviewing its service charges and interest payment policies on current accounts. Suppose further that ARB has found that the avcrage daily bulance on personal current accounts is GHl¢350.00, with a standard deviation of GH¢ 160.00. In addition, the average daily balances have been found to follow a normal distribution; (i) What percentage of customers carrics a balance of GHe 100 or lower? (ii) What percentage of customers carries a balance of Gll¢500 or lower?

Suppose ARB Bank is reviewing its service charges and interest payment policies on current accounts. Suppose further that ARB has found that the avcrage daily bulance on personal current accounts is GHl¢350.00, with a standard deviation of GH¢ 160.00. In addition, the average daily balances have been found to follow a normal distribution; (i) What percentage of customers carrics a balance of GHe 100 or lower? (ii) What percentage of customers carries a balance of Gll¢500 or lower?

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Description: Suppose ARB Bank is reviewing its service charges and interest paymentpolicies on current accounts. Suppose further that ARB has found that theavcrage daily bulance on personal current accounts is GHl¢350.00, with astandard deviation of GH¢ 160.00.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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