A Local Bank Has Determined That the Daily Balances of the Checking

question 53

Essay

A local bank has determined that the daily balances of the checking accounts of its customers are normally distributed with an average of $280 and a standard deviation of $20.
a.What percentage of its customers has daily balances of more than $275?
b.What percentage of its customers has daily balances less than $243?
c.What percentage of its customers' balances is between $241 and $301.60?
​

---

Definitions:

Verbally Abusive

Engaging in the use of words or language to harm others emotionally or psychologically.

Coping Mechanism

Strategies or behaviors used to manage stress, emotions, and challenges in daily life.

Displacement

The act of moving something from its place or position, or the emotional process of redirecting feelings from their original object to a substitute target.

Breast Cancer

A malignancy originating in breast tissue, marked by the uncontrolled growth of cells, potentially leading to metastasis if not treated.