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$ 4 3 4 9 1 4 1 8 1 4 3 5 6 2 3 0 1 3 9 1 1 3 8 9
$
a Tally the data into a frequency distribution using $ as a class interval and $ as the starting point.
Balance Frequency Cumulative Frequency
to under
to under
to under
to under
to under
to under
to under
to under
to under
to under
Total
b Not available in Connect.
c The bank considers any student with an ending balance of $ or more a "preferred customer." Estimate the percentage of preferred customers. Round up the answer to the nearest whole percentage.
Percentage
d The bank is also considering a service charge to the lowest of the ending balances. What would you recommend as the cutoff point between those who have to pay a service charge and those who do not?
Less than $
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