SOLUTION: The bank is considering paying interest to customers carrying average daily balance in excess of a certain amount. If the bank does not want to pay interest to more than 5% of its

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Question 190139This question is from textbook
: The bank is considering paying interest to customers carrying average daily balance in excess of a certain amount. If the bank does not want to pay interest to more than 5% of its customers, what is the minimum average daily balance it should be willing to pay interest on?
Given that p(0 This question is from textbook

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
You need to post the mean and standard deviation
associated with the problem.
Cheers,
Stan H.