Question

In: Statistics and Probability

An insurance company reports the following distribution of the claim sizes for an auto insurance policy...

An insurance company reports the following distribution of the claim sizes for an auto insurance policy from a sample of 87 cases.

Claim Size (in $) Number of claims

2000 to 3000    15

3000 to 4000 10

4000 to 5000    20

5000 to 6000 15

6000 to 7000 10

7000 to 8000    10

8000 to 9000    7

( a ) Construct a histogram for the data.

( b ) a frequency polygon for the data.

( c the mean and the standard deviation of the claim size.

( d ) the percentage of claims whose claim size is less than $7000.

( e ) the percentage of claims whose claim size is at least $5000.

( f ) the percentage of claims whose claim size is $8000 or above.

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Expert Solution

orchestra answered 2 years ago
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