Essay
Suppose that the amount of time it takes to process insurance claims is normally distributed with a mean of 12 weeks and a variance of 9 weeks.Find the number of weeks which the insurance company is
a.99% sure the next claim will be completed by.
b.95% sure the next claim will be completed by.
c.90% sure the next claim will be completed by.
d.80% sure the next claim will be completed by.
Correct Answer:
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a.99% sure that the next claim will be c...View Answer
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Correct Answer:
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