Question: 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
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(a) Construct a relative frequency histogram for the data. Use 8 classes.
(b) If you put $9000 in the ATM each day, what percent of the days in a month should you expect to run out of cash? Explain.
(c) If you are willing to run out of cash on 10% of the days, how much cash should you put in the ATM each day? Explain.
72 84 6 76 104 76 86 92 80 88 98 76 97 82 84 67 70 81 82 89 74 73 86 81 85 78 82 80 91 83
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a b 167 because the sum of the relative frequencies for the last three classes is ... View full answer
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