Solution) A particular ATM machine dispenses $20 bills as requested by customers in amounts up to a maximum of


Question: 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Amount Withdrawn Number of Customers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
$260 21
$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(b) Find the mode for the amount of cash withdrawn from this particular ATM machine during the month.

(c) Find the median amount of cash withdrawn from this ATM machine during the month.

Price: $2.99
Solution: The answer consists of 2 pages
Deliverable: Word Document

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