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An insurance company has determined that the cost of a certain medical procedure varies according to a normal distribution with a mean of $800 and a...
An insurance company has determined that the cost of a certain medical procedure varies according to a normal distribution with a mean of $800 and a standard deviation of $40.
If a new insurance claim comes in for this particular medical procedure, what is the probability that the claim will be less than $900?
Question 28 options:
0.4938
0.0062
0.5987
0.9938
0.3085
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