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In: Statistics and Probability

An automobile insurance company predicts that 15% of policy holders file a claim within the next...

An automobile insurance company predicts that 15% of policy holders file a claim within the next (8pt) year. Since this company has many policy holders, we may assume that filing a claim is
independent between policy holders.
a. If 15 policy holders are randomly selected, what is the probability that exactly two will
file a claim within the next year? What calculator command and inputs did you use?

b. If 15 policy holders are randomly selected, what is the probability that less than four will file a claim within the next year? What calculator command and inputs did you use?

use ti 83 or ti 84 calc please

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orchestra answered 1 year ago
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