Acasino needs to decide how much cash to begin the day with in their vault. they are unable to receive additional cash during the day. their cash needs for the day are normally distributed with a mean of $85,000 and a standard deviation of $50,000. q1. suppose they want to be able to satisfy all cash needs with a probability of 0.9875. how much cash ($) should they have on-hand at the start of the day?

The statement is true

Having a long credit that will be corrected is better that a short credit that is clear is simply because with long credit history, a prospective lender can see how you have operated your credit facility over a considerable period. nobody's credit history is perfect - everyone has at least 1 or 2 lapses on their record. have short history of your credit doesn't show patterns or trends of persistent late payments.

The answer to your q it is b