The Mountain States Office of State Farm Insurance Company reports that approximately 89% of all automobile damage liability claims were made by people under 25 years of age.  A random sample of five automobile insurance liability claims is under study.   a.  Make a histogram showing the probability that r= 0 to 5 claims are made by people under 25 years of age.   b.  Find the mean and standard deviation of this probability distribution. ( Round your standard deviation to two decimal places) mean claims  standard deviation claims Fie samples of size 5, what is the expected number of claims made by people under 25 years of age?

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The Mountain States Office of State Farm Insurance Company reports that approximately 89% of all automobile damage liability claims were made by people under 25 years of age.  A random sample of five automobile insurance liability claims is under study.

 

a.  Make a histogram showing the probability that r= 0 to 5 claims are made by people under 25 years of age.

 

b.  Find the mean and standard deviation of this probability distribution. ( Round your standard deviation to two decimal places)

mean claims 

standard deviation claims

Fie samples of size 5, what is the expected number of claims made by people under 25 years of age?

 

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