Question: . Medical billing errors and fraud are common in the U.S. Research by a major accounting firm found that 30 out of 100 medical bills

. Medical billing errors and fraud are common in the U.S. Research by a major accounting firm found that 30 out of 100 medical bills contain errors. A sample of 10 medical bills is selected.

  • What type of probability distribution is the number of medical bills that contain errors? What are the key parameters? (10 points)
  • What is the probability
    • No medical bills will contain errors? (10 points)
    • More than 3 medical bills will contain errors? (10 points)
    • At most 3 medical bills will contain errors? (10 points)

What is the mean and variance of the number of medical bills that contain errors? (10 points

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