Persons selected randomly from the population

Reference no: EM131832931

An accident insurance company finds that 0.001 of the population incurs a certain kind of accident each year. Assuming that the company has insured 10,000 persons selected randomly from the population, what is the probability that not more than 3 of the company's policyholders will incur· this accident. in a given year?

Reference no: EM131832931

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