An Associated Press story in Easton, Maryland’s The Star Democrat on June 3, 2010 reported that All told, scam artists are believed to have stolen about $47 billion from Medicare in the 2009 fiscal year, nearly triple the toll a year earlier. Medicare spokesman Peter Ashkanaz said that…charges have been filed against 103 defendants in cases involving more than $100 million in Medicare fraud. (a) What percentage of the Medicare fraud has been targeted by filed charges? (b) What is the average claim in each fraud charge? (c) How many of these average size claims would need to be filed to recover the entire $47 billion?

An Associated Press story in Easton, Maryland’s The Star Democrat on June 3, 2010 reported that All told, scam artists are believed to have stolen about $47 billion from Medicare in the 2009 fiscal year, nearly triple the toll a year earlier. Medicare spokesman Peter Ashkanaz said that…charges have been filed against 103 defendants in cases involving more than $100 million in Medicare fraud. (a) What percentage of the Medicare fraud has been targeted by filed charges? (b) What is the average claim in each fraud charge? (c) How many of these average size claims would need to be filed to recover the entire $47 billion?

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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