The code needs to be in Python.

The code needs to be in Python.

Branch banks must keep enough money on hand to satisfy customers' cash demands. An armored truck delivers cash to the bank once a week. The bank manager can choose the amount of weekly cash to have delivered. Running out of cash during the week is terrible customer service and the manager wants to avoid this. On the other hand, keeping excessive cash reserves costs the bank profits, since cash is a non-interest earning asset. The daily demand for cash at this particular bank follows a normal distribution with daily means and std dev summarized in Table 1. Taplo 1 Suppose the bank manager starts the week with $825,000. Create a model for daily ending balance and use 10,000 simulations to determine the probability of the bank running out of money at some point during the week. Estimate the amount of money needed at the start of the week to ensure that there is at most a 2.0% probability of running out of money. Answer Here. b. Estimate the amount of money needed at the start of the week to ensure that there is at most a 2.0% probability of running out of money. Answer Here