An advertisement for Citicorp Insurance Services, Inc., claims one person in seven will be hospitalized this year.
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An advertisement for Citicorp Insurance Services, Inc., claims "one person in seven will be hospitalized this year." Suppose you keep track of a random sample of 180 people over an entire year. Assuming Citicorp's advertisement is correct, what is the probability that fewer than 10% of the people in your sample will be found to have been hospitalized (at least once) during the year? Explain.
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p 17 P 10 P PZ 1648 05 04503 00497 A low probability The sam...View the full answer
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Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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