Answer:
The percentage of the bank's customers carry daily balances between $700 and $1,000 is 65.7%.
The minimum daily balance on which it should be willing to pay interest is $1,198.
Step-by-step explanation:
We have a normal distribution with mean = $800 and standard deviation = $150.
a) We can calculate this value with the standard normal distribution, calculating the z-value for $700 and $1,000.

The percentage of the bank's customers carry daily balances between $700 and $1,000 is 65.7%.
b) We must calculate from what amount only 6% of the accounts remain.
This is done by solving:

This happens for a z-value of z=2.652.
This corresponds to a amount of $1,198.

The minimum daily balance on which it should be willing to pay interest is $1,198.
Answer: !. They had 20 of them
Step-by-step explanation:
Answer:

Step-by-step explanation:
x = Length and width of base
y = Height of box
Volume of the box is 

Surface area is given by

Differentiating with respect to x we get

Equating with 0 we get


at 

So the function is minimum at x = 16

The material required is

The minimum amount of material required is
.
Answer:
f(3) = 11
Step-by-step explanation:
To evaluate f(3), substitute x = 3 into f(x), that is
f(3) = 3(3) + 2 = 9 + 2 = 11