What is the probability that exactly claims will be field, Accounting Basics

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What is the probability that exactly claims will be field

An insurance firm writes policies covering cruise vacation. the probability that someone will file a claim on their cruise 0.0004. If they write 14,200 policies for the month and the distribution claims to have a Poison distribution, what is the probability that exactly 15 claims will be filed?

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Accounting Basics: What is the probability that exactly claims will be field

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Accounting Basics: What is the probability that exactly claims will be field

Reference No:- TGS0706236

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How to carried an annual interest rate

Q : What will be the balance in prepaid rent account

Q : Williams company direct labor

Q : The conversion clause in the bond

Q : What is the probability that exactly claims will be field

Q : What was robinsons net investment in working capital

Q : What is the amount of expense wolford

Q : What is the amount of the amortization

Q : Prepare a schedule of expected cash collections for november

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the probability that exactly claims will be field

Reference No:- TGS0706236

Recent Questions Asked Accounting Basics

Q : How to carried an annual interest rate

Q : What will be the balance in prepaid rent account

Q : Williams company direct labor

Q : The conversion clause in the bond

Q : What is the probability that exactly claims will be field

Q : What was robinsons net investment in working capital

Q : What is the amount of expense wolford

Q : What is the amount of the amortization

Q : Prepare a schedule of expected cash collections for november

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