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An auditor for Health Maintenance Services of Georgia reports 40 percent of
Chapter 0, Problem 45(choose chapter or problem)
An auditor for Health Maintenance Services of Georgia reports 40 percent of policyholders 55 years or older submit a claim during the year. Fifteen policyholders are randomly selected for company records. a. How many of the policyholders would you expect to have filed a claim within the last year? b. What is the probability that 10 of the selected policyholders submitted a claim last year? Lin01803_ch06_186-221.qxd 10/29/10 12:58 PM Page 214 Discrete Probability Distributions 215 c. What is the probability that 10 or more of the selected policyholders submitted a claim last year? d. What is the probability that more than 10 of the selected policyholders submitted a claim last year
Questions & Answers
QUESTION:
An auditor for Health Maintenance Services of Georgia reports 40 percent of policyholders 55 years or older submit a claim during the year. Fifteen policyholders are randomly selected for company records. a. How many of the policyholders would you expect to have filed a claim within the last year? b. What is the probability that 10 of the selected policyholders submitted a claim last year? Lin01803_ch06_186-221.qxd 10/29/10 12:58 PM Page 214 Discrete Probability Distributions 215 c. What is the probability that 10 or more of the selected policyholders submitted a claim last year? d. What is the probability that more than 10 of the selected policyholders submitted a claim last year
ANSWER:Step 1 of 5
Sample size of policyholder,
Probability that policyholders submit a claim during the year is 
