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An auditor for Health Maintenance services reports that 40 percent of policyholders 55 years or older submit a claim during the year. Fifteen policyholders are selected at random

a) how many of the policyholders would you expect to have filed a claim within the last year?
b) what is the probability that 10 of the selected policyholders submitted a claim?
c) what is the probability that 10 or more submitted a claim?
d) what is the probability that more than 10 submitted a claim?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9406422

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