An Insurance company found that 35% of all insurance policies are terminated before their maturity date. Assume that ten policies are randomly selected from the company's policy database. Out of the...


An Insurance company found that 35% of all insurance policies are terminated before their maturity date. Assume that ten policies are randomly selected from the company's policy database. Out of the ten randomly selected policies;


a) What is the probability that at least eight will not be terminated?



Jun 05, 2022
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