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For questions a and b, suppose that the population of annual health care claims by employees is normally distributed with a mean of $9,500 and
For questions a and b, suppose that the population of annual health care claims by employees is normally distributed with a mean of $9,500 and a standard deviation of $3,000.
b)Suppose that five employees are selected at random. What is the probability that the average health care claims of these five employees exceed $11,000? Noe what suppose that five employees are selected at random. What is the probability that all five of their health care claims each exceeds $11,000?
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