In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the nor

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the nor

Post by answerhappygod »

In The Following Problem Check That It Is Appropriate To Use The Normal Approximation To The Binomial Then Use The Nor 1
In The Following Problem Check That It Is Appropriate To Use The Normal Approximation To The Binomial Then Use The Nor 1 (21.24 KiB) Viewed 63 times
In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities Do you try to pad an insurance claim to cover your deductible? About 35% of all U.S. adults will try to ped their insurance claims Suppose that you are the director of an insurance adjustment office Your office has just received 136 insurance claims to be processed in the next few days. Find the following probabilities. (Round your answers to four decimal places) 12 USE SALT () half or more of the claims have been added (b) fewer than 15 of the claims have been padded from 40 to 6 of the time have been added (d) more than 60 of the claims have not been added Need Help? WWW
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply