[Step-by-Step] Life insurance research has reported that insured households with heads of households who are 35 to 44 years old had an average of $95,900 of
Question: Life insurance research has reported that insured households with heads of households who are 35 to 44 years old had an average of $95,900 of life insurance coverage. Assuming a normal distribution and a standard deviation of $25,000, what's the probability that a randomly selected household with a head of household in this age group had less that $70,000 in life insurance coverage?
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