Assuming a normal distribution and a standard deviation of


The American Council of Life Insurance and the Life Insurance Marketing and Research Association have reported that insured households with heads 35 to 44 years old had an average of $186,100 of life insurance coverage.

Assuming a normal distribution and a standard deviation of $40,000, what is the probability that a randomly selected household with a head in this age group had less than $130,000 in life insurance coverage?

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Basic Statistics: Assuming a normal distribution and a standard deviation of
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