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Sweetwater and Associates write weekend trip insurance at a very nominal charge. Records show that the probability that a motorist will have an accident during
- Sweetwater and Associates write weekend trip insurance at a very nominal charge. Records show that the probability that a motorist will have an accident during the weekend and file a claim is 0.05.
Suppose they wrote 20 policies for the coming weekend, what is probability that exactly two claims will be filed
2.Chances are 50-50 that a newborn baby will be a girl. For families with 5 children, what is the probability that all the children are girls?
3
For the normal distribution, the mean plus and minus 1.96 standard deviations will include about what percent of the observations?
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