Mathematics, 21.01.2022 14:00 cbear5626

An automobile insurer has found that repair claims have a mean of $920 and a standard deviation of $870. Suppose that the next 100 claims can be regarded as a random sample from the long-run claims process. What is the probability that the mean of the next 100 claims is larger than $1000

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An automobile insurer has found that repair claims have a mean of $920 and a standard deviation of $...

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