A local bank selected 40 student checking accounts. Below are their end-of-month balances. Use 10 classes...

  

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A local bank selected 40 student checking accounts. Below are their end-of-month balances. Use 10 classes with $0.00 as the lower limit of the 1st class and $1000.00 as the upper limit of the 10th class to create a relative frequency ogive. The bank is considering a service charge to the lowest 10% of ending balances. Estimate, from the ogive, the end-of-month balance that will serve as a cut-off point for accounts requiring a service charge. 400 89 700 947 71 231 135 700 700 233 69 356 499 147 493 435 491 282 52 39 334 212 188 249 610 125 142 28 359 56 759 523 426 42 74 302 301 325 861 130 205 A local bank selected 40 student checking accounts. Below are their end-of-month balances. Use 10 classes with $0.00 as the lower limit of the 1st class and $1000.00 as the upper limit of the 10th class to create a relative frequency ogive. The bank is considering a service charge to the lowest 10% of ending balances. Estimate, from the ogive, the end-of-month balance that will serve as a cut-off point for accounts requiring a service charge. 400 89 700 947 71 231 135 700 700 233 69 356 499 147 493 435 491 282 52 39 334 212 188 249 610 125 142 28 359 56 759 523 426 42 74 302 301 325 861 130 205