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A Serious Interest Penalty
Date Submitted: 10/01/2004 07:11:32
Category: / Science & Technology
Length: 3 pages (922 words)
Views: 161673
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… supposed to be used in a large sample. This could alter the results to get false results. A larger sample size needed to be taken, especially to help out with extreme values. It is concluded from the information given in this case that $1500.00 would not meet criteria set by the bank to be the minimum balance, although, it is highly recommended to do the experiment again with a much larger sample size.
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