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Mathematics, 31.01.2020 14:58 tonyrod617

Awell-known author has postulated that 10% of all medicare claims are fraudulent. suppose we were to review 10 medicare claims. the binomial table for this event space is below: b~(10,0.1) p(x=k) p(x≤k) k π k π 0 0.3487 0 0.3487 1 0.3874 1 0.7361 2 0.1937 2 0.9298 3 0.0574 3 0.9872 4 0.0112 4 0.9984 5 0.0015 5 0. 6 0.0001 6 1.000 7 0. 7 1.000 8 0. 8 1.000 9 0. 9 1.000 10 0. 10 1.000 given the above information: a. how many claims would we expect to be fraudulent? b. what is the standard deviation? c. what is the probability that exactly 3 medicare claims are fraudulent? d. what is the probability that more than 3 claims are fraudulent? e. what is the probability that 3 to 5 claims are fraudulent?

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