Find probability that fewer claims have been padded

Reference no: EM13123479

40% of all US adults try to pad their auto insurance claims to cover their deductible. Your office has just received 128 in insurance claims to be processed in the next few days. What is the probability that half or more of the claims have been padded? Round your answer to the nearest thousandths place.Using the information from above, what is the probability that fewer than 45 of the claims have been padded? Round your answer to the nearest thousandths place.

Reference no: EM13123479

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