What is the probability that randomly selected customer? Holds a balance of 1,05,000 – 1,55,000 Holds balance more than 2,05,000 i. ii.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 35E
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The frequency distribution of balance maintained by1000 customers of XYZ bank is as follows:
Frequency
5,000 – 55,000
350
55,000 – 1,05,000
50
1,05,000 – 1,55,000
150
1,55,000-2,05,000
250
2,05,000-2,55,000
140
2,55,000+
60
What is the probability that randomly selected customer?
Holds a balance of 1,05,000 – 1,55,000
i.
ii.
Holds balance more than 32,05,000
Transcribed Image Text:The frequency distribution of balance maintained by1000 customers of XYZ bank is as follows: Frequency 5,000 – 55,000 350 55,000 – 1,05,000 50 1,05,000 – 1,55,000 150 1,55,000-2,05,000 250 2,05,000-2,55,000 140 2,55,000+ 60 What is the probability that randomly selected customer? Holds a balance of 1,05,000 – 1,55,000 i. ii. Holds balance more than 32,05,000
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