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Answer to Question #34687 in Statistics and Probability for sajidh
Question #34687
An insurance company has discovered that only about 0.1% of the population is involved in
a certain type of accident each year. If its 10000 policy holders were randomly selected from
the population, what is the probability that not more than 5 of its clients are involved in such an
accident next year?
a certain type of accident each year. If its 10000 policy holders were randomly selected from
the population, what is the probability that not more than 5 of its clients are involved in such an
accident next year?
Expert's answer
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