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Chemistry, 28.02.2020 19:29 GhostFace18595

The policy of a particular bank branch is that its ATMs must be stocked with enough cash to satisfy customers making withdrawals over an entire weekend. The expected average amount of money withdrawn from ATM machines per customer transaction over the weekend is $160 with an expected standard deviation of $34. (Assume that this distribution is normal). Suppose that a random sample of 26 customer transactions is examined and it is observed that the mean withdrawal is $171. Draw a fully justified conclusion based on this setup. Be sure to interpret your p-value.

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