Mathematics
Mathematics, 24.08.2021 01:00, j015

An insurance company’s records indicate that the mean compensation paid to clients claiming on motor insurance is R10 800 with standard deviation R2 500. Suppose that 50 claims are made within one week. What is the probability that the mean compensation paid is less than R10 200?

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An insurance company’s records indicate that the mean compensation paid to clients claiming on motor...

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