Ask Question
7 February, 17:03

Assume that about 30% of all U. S. adults try to pad their insurance claims. Suppose that you are the director of an insurance adjustment office. Your office has just received 140 insurance claims to be processed in the next few days. What is the probability that from 45 to 47 of the claims have been padded?

a. 0.222

b. 0.167

c. 0.119

d. 0.104

e. 0.056

+1
Answers (1)
  1. 7 February, 20:55
    0
    For x=45

    sample proportion=45/140=0.321

    z = (0.321-0.30) / sqrt (0.3 * (1-0.3) / 140)

    z=0.54

    For x=47

    sample proportion=47/140=0.336

    z = (0.336-0.30) / sqrt (0.3 * (1-0.3) / 140)

    z=0.93

    Now,

    P (0.54
    =0.8238-0.7054

    =0.118

    So, correct option is 0.119
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Assume that about 30% of all U. S. adults try to pad their insurance claims. Suppose that you are the director of an insurance adjustment ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers