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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 0.0007. Suppose they wrote 510 policies for the coming weekend, what is the probability that exactly two claims will be filed?
0.0346 0.0446 0.0456 0.0241
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