Find the probability that the amount of total claims


Claims arrive at random times to an insurance company. The daily amount of claims is normally distributed with mean $1570 and standard deviation $450. Total claims on different days each have this distribution and they are probabilistically independent of one another. Round your probabilities to 3 decimal points. a) Find the probability that the amount of total claims over a period of 100 days is at least $150,000.

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Basic Statistics: Find the probability that the amount of total claims
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