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An auditor for a medical insurance company selects a random sample of prescription drug claims for evaluation of correct payment by company experts. The claims were selected at random from a database of 500,000 claims by using uniform random numbers between 1 and 500,000. To verify that the random numbers really were from a uniform distribution, the auditor find outd the mean and standard deviation of the random numbers. What should the mean and standard deviation be if these were uniformly distributed random integers?

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9112428

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