Question: On average, each insurance claim forwarded to a certain division of an insurance company has a 56% chance of getting approved after the preliminary review.

On average, each insurance claim forwarded to a certain division of

On average, each insurance claim forwarded to a certain division of an insurance company has a 56% chance of getting approved after the preliminary review. In addition to that, all claims forwarded to this office are assumed to be independent of each other. Suppose on a given day 5 claims are forwarded to this office. What is the probability that exactly 2 of the 5 claims will be approved after the preliminary review? Notes: 1- Your final answer should be expressed as a decimal and not a percentage. 2- Only round your final answer to 4 decimal places. Enter your final answer with _l decimal places. Your Answer: 0.1336

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