Question: ( b ) Give two specific reasons it would benefit a bank to know the probability distribution of its customers who are served daily by

(b) Give two specific reasons it would benefit a bank to know the probability distribution of its customers who are served daily by the ATM machines. (Select all that apply.)
It would give them insight into the demographics of ATM's users.
It would help them to decide if the ATM needs a software update.
It would help them to decide if the ATM needs to be relocated to a more populated area.
It would help them to determine when to perform service on the ATM.
It would help them to estimate how much money needs to be in the ATM at specific times.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!