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Sweetwater & Associates write weekend trip insurance at a very nominal charge. Records show that the probability that a motorist will have an accident during
Sweetwater & 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 0.0090. Suppose they wrote 400 policies for the coming weekend, what is the probability that exactly two claims will be filed?
Select one:
a. 0.0324
b. 3.6500
c. 0.1771
d. 0.0273
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