Mathematics, 06.06.2020 17:58, christylivingsowzxa2

An insurance company has 10,000 automobile policyholders. The expected yearly claim per policyholder is $240, with a standard deviation of $800. Approximate the probability that the total yearly claim exceeds $2.7 million.

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An insurance company has 10,000 automobile policyholders. The expected yearly claim per policyholder...