File 8 5 Home Select Draw with Eraser Touch Page 3 of 4 Tools C Insert 701 words 18 Draw Design Layout Pens English (Canada) References Mailings Add Accessibility: Investigate LESSON -8 HANDOUT UNIFORM PROBABILITY DISTRIBUTION Word Tell me what you want to do Pen Review Ruler Stencils View Help Format Background Edit Ink to Ink to Shape Math Convert 2 Drawing Canvas Insert 1. According to the Insurance Institute of America, a family of four spends between $400 and $3,800 per year on all types of insurance. Suppose the money spent is uniformly distributed between these amounts. a. What is the mean amount spent on insurance? b. What is the standard deviation of the amount spent? c. If we select a family at random, what is the probability they spend less than $2,000 per year on insurance per year? d. What is the probability a family spends more than $3,000 per year? e. What is the probability a family spends more than $4,000 per year? Harpreet kaur OTR X