webwork Homework2: Problem 22 Previous Problem Problem List Next Problem (1 point) An automobile insurer has found that

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Webwork Homework2 Problem 22 Previous Problem Problem List Next Problem 1 Point An Automobile Insurer Has Found That 1 (64.36 KiB) Viewed 26 times

webwork Homework2: Problem 22 Previous Problem Problem List Next Problem (1 point) An automobile insurer has found that repair claims are Normally distributed with a mean of $620 and a standard deviation of $580. (a) Find the probability that a single claim, chosen at random, will be less than $580. ANSWER: (b) Now suppose that the next 80 claims can be regarded as a random sample from the long-run claims process. Find the probability that the average x of the 80 claims is smaller than $580. ANSWER: (c) If a sample larger than 80 claims is considered, there would be (NOTE: Enter "LESS", "MORE" or "AN EQUAL" without the quotes.) Note: You can earn partial credit on this problem. Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining. Email instructor chance of getting a sample with an average smaller then $580.