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An insurance company states that 8% of all house insurance claims are fraudulent

Statistics Jan 14, 2021

An insurance company states that 8% of all house insurance claims are fraudulent. If this estimate is correct, what is the probability that in a random sample of 184 house insurance claims, the proportion of claims that are fraudulent is


(3 marks) less than 0.05?
(4 marks) more than 0.10?

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