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The probability that a car insurer makes a claim in the next year is 5%. If 1000 car insurers are randomly selected, what is the
The probability that a car insurer makes a claim in the next year is 5%. If 1000 car insurers are randomly selected, what is the (approximate) probability that between 50 and 60 (inclusive) make a claim? (Use the normal approximation to the binomial.)
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