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gogolik [260]
3 years ago
9

Please god help//insurance//probability//standard deviation

Business
1 answer:
IrinaK [193]3 years ago
7 0

Answer:

Number of insurance policy = 10,000

Probability of making a claim = 0.1

Find:

Standard deviation

Computation:

Standard deviation α = √[p(1-p)/n]

Standard deviation α = √[0.1 ( 1-0.1)/10,000]

Standard deviation α = √0.000009

Standard deviation α = 0.003

Hope this helps

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