Question 1: A large insurance company predicts that less than 3% of it's customers will make a claim in any particular year. The corresponding p...

Question 1: A large insurance company predicts that less than 3% of it’s customers will make a claim in any particular year. The corresponding p value, after randomly sampling 123 customers, is .1.a) If the company has 1,432,000 customers, build a 95% confidence interval for the total number of customers that will make a claim in the current year.b) If they wish to be accurate to within 10000 customers, 9 times out of 10, how many customers should they sample?