A study of 860 U.S. ATMs (automated teller machines) found that the average surcharge for withdrawals from a competing bank was

Question

2 years ago

11

A study of 860 U.S. ATMs (automated teller machines) found that the average surcharge for withdrawals from a competing bank was

$1.15. (Source: Public Interest Research Groups) The sample is ATMs from a competing bank. Question 14 options: True False

Mathematics

2 answers:

dexar [7] · Answer 1 · 2022-07-19T22:40:39+03:00

dexar [7]2 years ago

6 0

Im pretty sure your answer is true.

Valentin [98] · Answer 2 · 2022-07-20T01:06:46+03:00

Answer:

Yes this is true.

Step-by-step explanation:

Given is - A study of 860 U.S. ATMs found that the average surcharge for withdrawals from a competing bank was $1.15. The sample is ATMs from a competing bank.

A competing bank cannot be thousands. Rather a competing bank can have hundreds of ATM's throughout US. So, the given number of ATM's is sample here. The statement is true.

If it would have been that the sample ATM's is from all U.S, then the statement would have been false.