Insurance; Auto State Farm insurance studies show that in Colorado, 55% OF THE AUTO INSURANCE claims


Question: Insurance; Auto State Farm insurance studies show that in Colorado, 55% OF THE AUTO INSURANCE claims submitted for property damage were submitted by males under 25 years of age. Suppose 10 property damage claims involve automobiles selected at random.
a) Let r be the number of claims that are made by males under 25, make a histogram for the r- distribution probabilities.
b) What is the probability that six more claims are made by males under 25?
c) What is the expected number of claims made by males under age 25? What is the standard deviation of the r- probability distribution?



Price: $2.99
Answer: The solution consists of 3 pages
Deliverable: Word Document

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