The correct answer for this question is this one: "D it increases by $1,800,000"
<span>If the federal reserve decreases the reserve rate from 2.5% to 1.25%, this affect the amount of money that would result because of fractional reserve banking from an initial deposit in a bank of $45,000 is that </span><u>it increases by $1,800,000</u>Hope this helps answer your question and have a nice day ahead.

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2 years ago

A company developing a new cellular phone plan intends to market their new phone to customers who use text and social media ofte

Ber [7]

Answer:

A customer who sends 78 messages per day would be at 99.38th percentile.

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean $\mu$ and standard deviation $\sigma$ , the z-score of a measure X is given by:

$Z = \frac{X - \mu}{\sigma}$

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Average of 48 texts per day with a standard deviation of 12.

This means that $\mu = 48, \sigma = 12$