Assume the number of physical damage losses for houses as a result of hurricane Irma in Barbuda
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Question:
Assume the number of physical damage losses for houses as a result of hurricane Irma in Barbuda is normally distributed with a mean of 400 and a standard deviation of 80. What is the probability that:
a. More than 440 losses will occur
b. Between 320and 480 losses will occur
c. Between 460 and 520 losses will occur
d. The probability between 400 and an instance is 39.97%, What is the value of the instance?
e. If the probability that more than X losses will occur is 19.77% what is X?
Related Book For
Statistics for Business and Economics
ISBN: 978-0132930192
8th edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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