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An auditor for Health Maintenance Services of Georgia reports 40% of policyholders 55 years or older submit a claim during the year. Fifteen policyholders are randomly selected for company records.

a. How many 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 last year.

c. What is the probability that 10 or more of the selected policyholders submitted a claim last year.

d. What is the probability that more then 10 of the selected policyholders submitted a claim last year.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9375521

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