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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.
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 all five of their health care claims each exceeds $11,000? Now,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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