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You work at a bank and are asked to recommend the amount of cash to put in an ATM each day. You don't want to put in too much (security) or too little (customer irritation). Complete parts (a) through (c) below. Click the icon to view the the daily withdrawals (in 100s of dollars) for a period of 30 days. a) Choose the correct relative frequency histogram for the data using eight classes below. A. 0.4- 0.3 0.2 0.1- 0- OC. A 0.4+ 0.3 0.2- 0.1 0- n 62 66 70 70 74 78 82 86 66 58 62 59.5 63.5 67.5 71.5 75.5 79.5 83.5 87.5 Q Q b) If you put $7750 in the ATM each day, what percent of the days in a month should you expect to run out of cash? 16.7 % (Round to the nearest tenth as needed.) c) If you are willing to run out of cash for 10% of the days, how much cash should you put in the ATM each day? $(Round to the nearest hundred dollars as needed.) 58 76 67 OB. 0.41 0.3- 0.2- 0.1- 0- 88 71 73 D. A 0.4+ 0.3- 0.2 0.1- 0 Data Table 62 66 70 74 78 82 86 88 59.5 63.5 67.5 71.5 75.5 79.5 83.5 87.5 73 65 70 63 68 71 69 71 77 Print 77 67 70 77 68 74 Done 87 76 Q 82 70 62 78 70 81 72

You work at a bank and are asked to recommend the amount of cash to put in an ATM each day. You don't want to put in too much (security) or too little (customer irritation). Complete parts (a) through (c) below. Click the icon to view the the daily withdrawals (in 100s of dollars) for a period of 30 days. a) Choose the correct relative frequency histogram for the data using eight classes below. A. 0.4- 0.3 0.2 0.1- 0- OC. A 0.4+ 0.3 0.2- 0.1 0- n 62 66 70 70 74 78 82 86 66 58 62 59.5 63.5 67.5 71.5 75.5 79.5 83.5 87.5 Q Q b) If you put $7750 in the ATM each day, what percent of the days in a month should you expect to run out of cash? 16.7 % (Round to the nearest tenth as needed.) c) If you are willing to run out of cash for 10% of the days, how much cash should you put in the ATM each day? $(Round to the nearest hundred dollars as needed.) 58 76 67 OB. 0.41 0.3- 0.2- 0.1- 0- 88 71 73 D. A 0.4+ 0.3- 0.2 0.1- 0 Data Table 62 66 70 74 78 82 86 88 59.5 63.5 67.5 71.5 75.5 79.5 83.5 87.5 73 65 70 63 68 71 69 71 77 Print 77 67 70 77 68 74 Done 87 76 Q 82 70 62 78 70 81 72

MATLAB: An Introduction with Applications
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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You work at a bank and are asked to recommend the amount of cash to put in an ATM each day. You don't want to put in too much (security) or too little (customer irritation). Complete parts (a) through (c) below. Click the icon to view the the daily withdrawals (in 100s of dollars) for a period of 30 days. (a) Choose the correct relative frequency histogram for the data using eight classes below. O A. A 0.4- 0.3- 0.2 0.1- 0- C. A 0.4+ 0.3+ 0.2+ 0.1+ 0 58 62 66 70 74 78 82 86 59.5 63.5 67.5 71.5 75.5 79.5 83.5 87.5 (b) If you put $7750 in the ATM each day, what percent of the days in a month should you expect to run out of cash? 16.7 % (Round to the nearest tenth as needed.) (c) If you are willing to run out of cash for 10% of the days, how much cash should you put in the ATM each day? $ (Round to the nearest hundred dollars as needed.) 58 76 67 B. 88 71 73 0.4 0.3- 0.2- 0.1- 0- A 0.4- 0.3- 0.2- 0.1+ 0- Data Table 62 66 70 74 78 82 86 88 59.5 63.5 67.5 71.5 75.5 79.5 83.5 87.5 73 65 70 63 68 71 69 71 77 Print 7 7 70 77 77 87 67 68 74 Done 76 62 82 70 78 70 1 72 81 I
Transcribed Image Text:You work at a bank and are asked to recommend the amount of cash to put in an ATM each day. You don't want to put in too much (security) or too little (customer irritation). Complete parts (a) through (c) below. Click the icon to view the the daily withdrawals (in 100s of dollars) for a period of 30 days. (a) Choose the correct relative frequency histogram for the data using eight classes below. O A. A 0.4- 0.3- 0.2 0.1- 0- C. A 0.4+ 0.3+ 0.2+ 0.1+ 0 58 62 66 70 74 78 82 86 59.5 63.5 67.5 71.5 75.5 79.5 83.5 87.5 (b) If you put $7750 in the ATM each day, what percent of the days in a month should you expect to run out of cash? 16.7 % (Round to the nearest tenth as needed.) (c) If you are willing to run out of cash for 10% of the days, how much cash should you put in the ATM each day? $ (Round to the nearest hundred dollars as needed.) 58 76 67 B. 88 71 73 0.4 0.3- 0.2- 0.1- 0- A 0.4- 0.3- 0.2- 0.1+ 0- Data Table 62 66 70 74 78 82 86 88 59.5 63.5 67.5 71.5 75.5 79.5 83.5 87.5 73 65 70 63 68 71 69 71 77 Print 7 7 70 77 77 87 67 68 74 Done 76 62 82 70 78 70 1 72 81 I
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