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An insurance company study shows that 60% of the auto insurance claims submitted for property damage were submitted by males under 25 years of age.
An insurance company study shows that 60% of the auto insurance claims submitted for property damage were submitted by males under 25 years of age. Suppose 8 property damage claims involving automobiles are selected at random from that region. Let X be the number of claims (among the 8 selected) that were made by males under the age of 25. To find the probability that exactly 6 of the 8 claims are made by males under 25, we would use the excel function
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