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In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the nor
Posted: Sun Jul 10, 2022 10:42 am
by answerhappygod
- In The Following Problem Check That It Is Appropriate To Use The Normal Approximation To The Binomial Then Use The Nor 1 (25.52 KiB) Viewed 97 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 43% of all U.S. adults will try to pad their insurance claims! Suppose that you are the director of an insurance adjustment office. Your office has just received 134 insurance claims to be processed in the next few days. Find the following probabilities. (Round your answers to four decimal places.) USE SALT (a) half or more of the claims have been padded 0606 (b) fewer than 45 of the claims have been padded 0110 (c) from 40 to 64 of the claims have been padded -0.8477 x (d) more than 80 of the claims have not been padded