SOLUTION: Assume that about 45% of all U.S. adults try to pad their insurance claims. Suppose that you are the director of an insurance adjustment office. Your office has just received 110
Algebra ->
Probability-and-statistics
-> SOLUTION: Assume that about 45% of all U.S. adults try to pad their insurance claims. Suppose that you are the director of an insurance adjustment office. Your office has just received 110
Log On
Question 402588: Assume that about 45% of all U.S. adults try to pad their insurance claims. Suppose that you are the director of an insurance adjustment office. Your office has just received 110 insurance claims to be processed in the next few days. What is the probability that fewer than 45 of the claims have been padded Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Assume that about 45% of all U.S. adults try to pad their insurance claims. Suppose that you are the director of an insurance adjustment office. Your office has just received 110 insurance claims to be processed in the next few days. What is the probability that fewer than 45 of the claims have been padded
-----------------------
Binomial Problem with n = 110 and p = 0.45
---
P(0<= x <45) = binomcdf(110,0.45,44) = 0.1690
-------------
Cheers,
Stan H.
(