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You are given: Mean Standard Deviation Number of Claims 8 3 Individual Losses 10 , 000 3 , 937 MeanStandard DeviationNumber of Claims83Individual Losses10,0003,937 Using

You are given:

Mean

Standard Deviation

Number of Claims

8

3

Individual Losses

10

,

000

3

,

937

MeanStandard DeviationNumber of Claims83Individual Losses10,0003,937

Using the normal approximation, determine the probability that the aggregate loss will exceed 150% of the expected loss.

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