Median amount of cash withdrawn

Assignment Help Algebra

Reference no: EM13117735

A particular ATM machine dispenses $20 bills as requested by customers in amounts up to a maximum of $400. The following table shows the frequency of transactions in which customers withdrew specific amounts during a particular month. (Note that this particular machine has a $60 "quick cash" option.)

Amount Withdrawn Number of Customers

20 32

40 44

60 93

80 43

100 56

120 31

140 33

160 25

180 16

200 45

220 23

240 18

280 11

300 27

320 14

340 13

360 10

380 7

400 18

a. How many transactions were there in which customers withdrew cash at this ATM machine during the month?

b. Find the mode for the amount of cash withdrawn from this particular ATM machine during the month.

c. Find the median amount of cash withdrawn from this ATM machine during the month.

d. Find the mean amount of cash withdrawn from this ATM machine during the month.

e. Create an appropriate graph for this data set and explain what it shows.

Reference no: EM13117735

Questions Cloud

Illustrate what was the initial speed of the arrow : A novice skier, starting from rest, slides down a frictionless 35° incline whose vertical height is 118 m. Explain how fast is she going when she reaches the bottom? Illustrate what was the initial speed of the arrow?

Determining primitive element : Find an irreducible monic polynomial of degree 2 over the field Z_7 whose root is a primitive element GF(49).

What mass of aluminum chloride is present : Aluminum nitrate and ammonium chloride react to form aluminum chloride, nitrogen, and water. what mass of aluminum chloride is present after 74.7 g of aluminum nitrate and 56.8 g ammonium chloride have reacted completely.

Probablity that excatly eighty flights will be on time : A Department of Trasporta repot about air travel found that nationwide, 76% of all flights are on time. What is the probablity that you will have have excatly 80 flights on time?

Median amount of cash withdrawn : Find the mode for the amount of cash withdrawn from this particular ATM machine during the month. Find the median amount of cash withdrawn from this ATM machine during the month. Find the mean amount of cash withdrawn from this ATM machine during the..

Considering a new issue of convertible bonds : A corporation is considering a new issue of convertible bonds. Management believes that the offer terms will be found attractive by 20% of all its current stockholders. Suppose that this belief is correct. A random sample of 144 current stockholde..

What is the partial correlation coefficient and t ratio : This is a question pertaining to multivariate contingency analysis and partial correlation coefficientSet .05 as the significance level, what is the partial correlation coefficient and the t ratio?

Explain how fast will it be moving after the man has pulled : When the crate is moving, the frictional force between the floor and the crate has a magnitude of 122.0 N. If the crate starts from rest, explain how fast will it be moving after the man has pulled it a distance of 2.30 m?

Determining the factor of trinomial : Identify a factor of the following trinomial: 15u2 - 17u - 26-Identify a factor of the following trinomial: 17r2 - 48r + 28

User Account

All Pages