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Mathematics, 01.09.2021 22:40 hd14yarnell

An insurance company serves five large customers. The insurance claim placed by each customer in a year is exponentially distributed with mean 200. Assume that the insurance claims from different customers are independent from each other. Estimate the probability that the total insurance claim placed by all customers in a year exceeds 900 by using the CLT.

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An insurance company serves five large customers. The insurance claim placed by each customer in a y...

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