The Mountain States Office of State Farm Insurance Company reports that approximately
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The Mountain States Office of State Farm Insurance Company reports that approximately 80% of all automobile damage liability claims were made by people under 25 years of age. A random sample of fourteen automobile insurance liability claims is under study.
(a) Make a histogram showing the probability that r = 0 to 14 claims are made by people under 25 years of age
(b) Find the mean and standard deviation of this probability distribution. (Round your answers to two decimal places.)
For samples of size 14, what is the expected number of claims made by people under 25 years of age? (Round your answer to the nearest whole number.)
[Solved] The Mountain States Office of State Farm Insurance Company reports that approximately
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- Submitted On 22 Jul, 2020 05:47:16
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