Question

In: Statistics and Probability

A bank’s daily withdrawals and deposits over the last 12 months is indicated a. What net...

A bank’s daily withdrawals and deposits over the last 12 months is indicated

a. What net deposit drain has a probability of 1.5%?

b. What net deposit drain has a probability of 2%?

c. What is probability of a one-day net deposit drain in excess of $30.00?

deposits (000) withdrawals (000)
356 180
320 277
356 336
237 316
178 174
101 324
325 337
335 309
92 42
392 286
336 181
272 361
72 351
261 239
333 62
237 306
144 254
109 153
320 45
75 199
371 265
346 203
353 177
229 146
293 75
182 340
194 52
135 51
333 79
368 322
175 129
172 175
261 351
274 156
66 266
60 125
326 82
190 212
287 62
90 355
395 105
91 226
148 292
393 218
99 152
271 161
158 49
107 367
309 252
144 284
117 373
367 58
313 155
153 128
348 166
268 156
120 135
52 97
322 239
290 307
332 169
50 305
275 109
233 92
126 270
236 223
184 273
85 105
107 127
161 173
317 282
122 209
170 59
280 300
50 374
218 359
52 197
71 198
53 159
280 354
114 321
196 77
189 306
266 134
328 180
224 127
263 93
139 96
137 266
160 84
339 190
332 342
289 173
231 114
155 198
128 105
125 349
117 66
231 169
208 318
389 291
339 269
366 50
336 323
177 300
281 375
62 329
122 357
120 152
379 341
340 335
324 74
166 331
351 179
291 330
393 187
97 215
347 256
199 337
176 362
146 131
378 111
355 338
348 233
242 281
86 327
186 334
151 245
92 148
122 354
206 309
282 319
148 45
230 65
211 206
251 211
313 352
364 57
202 337
291 42
352 161
112 298
236 53
333 151
363 67
292 294
268 306
299 155
317 121
73 182
146 294
251 236
376 185
70 367
197 298
221 334
297 284
94 64
276 264
301 210
253 57
242 344
256 84
108 149
82 98
56 365
135 204
389 258
223 326
54 282
301 337
207 261
191 147
334 130
279 256
223 271
238 161
89 89
178 348
205 311
151 40
84 230
265 67
217 367
391 142
280 73
62 190
270 267
298 139
302 120
278 369
176 68
78 194
125 343
348 64
251 172
138 350
94 291
371 197
188 208
92 150
397 226
336 62
335 325
109 269
377 147
95 242
338 119
378 350
305 65
240 155
123 74
340 122
270 234
316 72
106 289
142 303
109 58
128 170
225 287
127 352
135 51
226 314
317 366
146 187
190 54
295 312
93 288
98 349
213 192
269 45
61 48
243 182
336 147
370 214
329 302
166 219
132 56
61 282
334 84
113 176
190 283
60 210
388 157
96 87
300 128
350 202
391 215
253 274
246 142
297 365
102 360
130 149
374 250
62 372
348 337
118 46
135 320
252 246
201 106

Solutions

Expert Solution

ANSWER::

deposits (000) withdrawals (000) Net deposit drain
366 50 -316
367 58 -309
364 57 -307
363 67 -296
395 105 -290
348 64 -284
320 45 -275
336 62 -274
333 62 -271
378 111 -267
333 79 -254
324 74 -250
334 84 -250
291 42 -249
391 142 -249
326 82 -244
316 72 -244
305 65 -240
388 157 -231
377 147 -230
287 62 -225
269 45 -224
338 119 -219
293 75 -218
340 122 -218
280 73 -207
393 187 -206
334 130 -204
265 67 -198
317 121 -196
253 57 -196
352 161 -191
376 185 -191
336 147 -189
236 53 -183
348 166 -182
333 151 -182
302 120 -182
356 180 -176
353 177 -176
391 215 -176
393 218 -175
371 197 -174
351 179 -172
256 84 -172
300 128 -172
397 226 -171
263 93 -170
275 109 -166
230 65 -165
332 169 -163
298 139 -159
313 155 -158
370 214 -156
336 181 -155
339 190 -149
328 180 -148
350 202 -148
299 155 -144
346 203 -143
194 52 -142
233 92 -141
190 54 -136
266 134 -132
389 258 -131
374 250 -124
196 77 -119
274 156 -118
231 114 -117
289 173 -116
348 233 -115
268 156 -112
170 59 -111
151 40 -111
271 161 -110
158 49 -109
176 68 -108
392 286 -106
371 265 -106
246 142 -104
148 45 -103
389 291 -98
224 127 -97
201 106 -95
347 256 -91
301 210 -91
240 155 -85
135 51 -84
135 51 -84
229 146 -83
322 239 -83
251 172 -79
238 161 -77
160 84 -76
132 56 -76
118 46 -72
339 269 -70
231 169 -62
243 182 -61
309 252 -57
117 66 -51
109 58 -51
92 42 -50
123 74 -49
368 322 -46
175 129 -46
191 147 -44
320 277 -43
139 96 -43
251 211 -40
379 341 -38
270 234 -36
317 282 -35
94 64 -30
378 350 -28
329 302 -27
335 309 -26
153 128 -25
128 105 -23
279 256 -23
261 239 -22
213 192 -21
356 336 -20
355 338 -17
146 131 -15
251 236 -15
236 223 -13
336 323 -13
297 284 -13
61 48 -13
276 264 -12
348 337 -11
335 325 -10
96 87 -9
252 246 -6
340 335 -5
211 206 -5
178 174 -4
270 267 -3
89 89 0
292 294 2
172 175 3
332 342 10
325 337 12
161 173 12
120 135 15
82 98 16
290 307 17
295 312 17
130 149 19
85 105 20
107 127 20
280 300 20
188 208 20
253 274 21
190 212 22
120 152 32
301 337 36
282 319 37
268 306 38
291 330 39
242 281 39
313 352 39
108 149 41
146 187 41
128 170 42
155 198 43
109 153 44
52 97 45
223 271 48
317 366 49
99 152 53
166 219 53
207 261 54
92 148 56
92 150 58
225 287 62
113 176 63
60 125 65
297 365 68
237 306 69
135 204 69
280 354 74
237 316 79
122 209 87
226 314 88
272 361 89
184 273 89
261 351 90
278 369 91
190 283 93
281 375 94
151 245 94
197 298 101
242 344 102
206 309 103
223 326 103
53 159 106
205 311 106
73 182 109
144 254 110
208 318 110
221 334 113
78 194 116
189 306 117
97 215 118
177 300 123
75 199 124
71 198 127
62 190 128
137 266 129
91 226 135
202 337 135
199 337 138
144 284 140
218 359 141
148 292 144
126 270 144
52 197 145
84 230 146
95 242 147
186 334 148
146 294 148
217 367 150
60 210 150
182 340 158
109 269 160
142 303 161
166 331 165
178 348 170
106 289 183
135 320 185
176 362 186
112 298 186
93 288 195
94 291 197
66 266 200
114 321 207
138 350 212
125 343 218
61 282 221
101 324 223
125 349 224
127 352 225
54 282 228
122 354 232
122 357 235
86 327 241
98 349 251
50 305 255
117 373 256
102 360 258
107 367 260
90 355 265
62 329 267
72 351 279
70 367 297
56 365 309
62 372 310
50 374 324

a. What net deposit drain has a probability of 1.5%

Total count = 260

Count = 0.015 * 260 = 3.9

Net deposit drain > -296

b. What net deposit drain has a probability of 2%?

Total count = 260

Count = 0.02* 260 = 5.2

Net deposit drain > -284

c. What is probability of a one-day net deposit drain in excess of $30.00

= 104/260

= 0.4

40%

Please revert back in case of any doubt.

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