The Lake Ontario Credit Union selected a sample of 40 student chequing accounts. Below is a chart
Of their end-of-the-month balances. The bank considers any student with an ending balance of
$400 or more a "preferred customer". Estimate the percentage of preferred customers.
A) 37.5%
B) 60%
C) 25%
D) 75%

Question

The Lake Ontario Credit Union selected a sample of 40 student chequing accounts. Below is a chart
Of their end-of-the-month balances. The bank considers any student with an ending balance of
$400 or more a "preferred customer". Estimate the percentage of preferred customers. 
A) 37.5% 
B) 60% 
C) 25% 
D) 75%

Quizplus · Accepted Answer

37.5%

The Lake Ontario Credit Union Selected a Sample of 40