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Claim amounts for an insurance policy follow normal distribution with mean $50,000 and variance $10,000. You are interested in the number of claims that exceed
Claim amounts for an insurance policy follow normal distribution with mean $50,000 and variance $10,000. You are interested in the number of claims that exceed $50,120. Out of 10 independent claims, what is the probability that at least 2 claims exceed $50,120?
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