**Probability Distribution of Claim Sizes**A probability distribution of the claim sizes for an auto insurance policy appears in the following table:| Claims | Probability ||--------|-------------|| 1 | 0.2 || 2 | 0.2 || 3 | 0.1 || 4 | 0.25 || 5 | 0.25 |**Task:**Find the percentage of claims within one standard deviation of the mean. [Input box: ___ %]**Support:**- For assistance, click on "Message Instructor."- Use the "Add Work" feature to support your calculations.This table provides a basis for understanding how frequently certain claim amounts occur, aiding in statistical analysis for risk assessment.

Answered: Claims Probability 1 2 3 4 5 U 0.2 0.2…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Claims Probability 1 2 3 4 5 U 0.2 0.2 0.1 0.25 0.25 Find the percentage of claims within one standard deviation of the mean. %