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Mathematics, 18.09.2019 01:00, Teeboz
In fact, the insurance company sees that in the entire population of homeowners, the mean loss from fire is μ = $300 and the standard deviation of the loss is σ = $400. what are the mean and standard deviation of the average loss for 10 policies? (losses on separate policies are independent. round your standard deviation to two decimal places.)
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In fact, the insurance company sees that in the entire population of homeowners, the mean loss from...
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