Question: ive attached the data/csv file. please use R programming, regression model to support answer iii) [5 points] The bank has been getting complaints from customers

 ive attached the data/csv file. please use R programming, regression model
to support answer iii) [5 points] The bank has been getting complaints
ive attached the data/csv file. please use R programming, regression model to support answer

iii) [5 points] The bank has been getting complaints from customers that many times, when they go to a shopping center and try to withdraw money from the ATM, it has run out of cash and the customers are left empty handed. The bank would therefore like to stock each ATM with sufficient cash on a daily basis so that the ATM rarely runs out of cash on any given day, thus keeping the bank customers satisfied. Consider an ATM machine which is in a shopping center and is located in a neighbourhood where the median value of houses is $202 thousand (i.e. the same profile as the ATM in part (ii) above). How much money should the bank store in this ATM so that the ATM runs out of cash on any given day only 3% of the time? (i.e. the ATM runs out of cash only 3 day out of every 100 days) (Hint: Answering this equation is equivalent to answering the question: what is the value, say *, such that the probability that the Amount withdrawn from the given ATM exceeds the value *, is 3\%) iii) [5 points] The bank has been getting complaints from customers that many times, when they go to a shopping center and try to withdraw money from the ATM, it has run out of cash and the customers are left empty handed. The bank would therefore like to stock each ATM with sufficient cash on a daily basis so that the ATM rarely runs out of cash on any given day, thus keeping the bank customers satisfied. Consider an ATM machine which is in a shopping center and is located in a neighbourhood where the median value of houses is $202 thousand (i.e. the same profile as the ATM in part (ii) above). How much money should the bank store in this ATM so that the ATM runs out of cash on any given day only 3% of the time? (i.e. the ATM runs out of cash only 3 day out of every 100 days) (Hint: Answering this equation is equivalent to answering the question: what is the value, say *, such that the probability that the Amount withdrawn from the given ATM exceeds the value *, is 3\%)

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