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Information from the American Institute of Insurance indicates the mean amount of life insurance per household in the United States is $110,000....

8.34. Information from the American Institute of Insurance indicates the mean amount of life insurance per household in the United States is $110,000. This distribution is positively skewed. The standard deviation of the population is not known. e. Find the likelihood of selecting a sample with a mean of more than $100,000 bu ...continues

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