Mathematics, 26.11.2019 00:31 maevemboucher78

Claim amounts at an insurance company are independent of one another. in year one, claim amounts are modeled by a normal random variable x with mean 100 and standard deviation 25. in year two, claim amounts are modeled by the random variable y = 1.04x + 5. calculate the probability that a random sample of 25 claim amounts in year two average between 100 and 110.

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Claim amounts at an insurance company are independent of one another. in year one, claim amounts are...

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