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псе pec against loss of both eyes in a car acciden Based on previous data, the rates were computed on the assumption that on the average 10 persons in 1,00,000 will have

псе pec against loss of both eyes in a car acciden Based on previous data, the rates were computed on the assumption that on the average 10 persons in 1,00,000 will have

MATLAB: An Introduction with Applications
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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An insurance company insures 4,000 people against loss of both eyes in a car accident. Based on previous data, the rates were computed on the assumption that on the average 10 persons in 1,00,000 will have car accident each year that result in this type of injury. What is the probability that more than 3 of the insured will collect on their policy in a given year?
Transcribed Image Text:An insurance company insures 4,000 people against loss of both eyes in a car accident. Based on previous data, the rates were computed on the assumption that on the average 10 persons in 1,00,000 will have car accident each year that result in this type of injury. What is the probability that more than 3 of the insured will collect on their policy in a given year?
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