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About 40% of all US adults will try to pad their insurance claims. Suppose that you...

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Basic Math

About 40% of all US adults will try to pad their insuranceclaims. Suppose that you are the director of an insuranceadjustment office. Your office has just received 128 insuranceclaims to be processed int the next few days. What is theprobability that -

half or more claims have been padded?

fewer than 45 of the claims have been padded:

From 40 to 64 of the claims have been padded?

More than 80 of the claims have not been padded?

Answer & Explanation Solved by verified expert
4.2 Ratings (638 Votes)
Probability Mass function of Binomial distribution isMean n P 128 04 512Standard deviation P X 635 1 P X 635 Using continuity correctionP X 64 P X 64 05    See Answer
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