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' chrome File Edit View History Bookmarks People Tab Window Helf' . . . e WagerWizard X 'M ST 350 Homewx x a Thesedata cani
' chrome File Edit View History Bookmarks People Tab Window Helf' . . . e WagerWizard X 'M ST 350 Homewx x a Thesedata cani x l G Thenumericalcr x i u Homework Help x l G howtotakeasc x l G Statisticsand Pr X I Q [Should We Buik X I + 6 9 C' i webassignhet/web/Student/AssignmentResponses/submit?dep=27980374&tags=autosave#question1389383_3 PREVIOUS ANSWERS 4. [012.5 Points] The First Chicago Bank is reviewing its service charges and interest-paying policies on checking accounts. The daily balance of a checking account is dened to be the balance in the checking account at 2:00pm. The bank has found that for all personal checking accounts the mean of all the daily balances is $750 and the standard deviation is $100. In addition, the distribution of personal checking account daily balances can be approximated very well with a normal model. Question 1. What percentage of the bank's customers carry daily balances between $700 and $1,000? 49.87 x % (Use 2 decimal places in your answer. Note that the answer is requested as a percent, that is, a value between 0 and 100). Question 2.The bank is considering paying interest to customers carrying daily checking account balances in excess of a certain amount. If the bank does not want to pay interest to more than 6% of its checking account customers, what is the minimum daily balance on which it should be willing to pay interest? (Round your answer to the nearest dollar) dollars 5. [4/4 Points] DETAILS PREVIOUS ANSWERS MY NOTES er, :l unseo aeanom
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