Policyholders randomly selected for company records

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Reference no: EM13105284

An auditor for Health Maintenance Services of Georgia reports 40% of policyholders 55 years or older submit a claim during the year. Fifteen policyholders are randomly selected for company records.

a. How many policyholders would you expect to have filed a claim within the last year?

b. What is the probability that 10 of the selected policyholders submitted a claim last year.

c. What is the probability that 10 or more of the selected policyholders submitted a claim last year.

d. What is the probability that more then 10 of the selected policyholders submitted a claim last year.

Reference no: EM13105284

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