What Type of Probability Distribution Will the Consulting Firm Most

question 191

Multiple Choice

What type of probability distribution will the consulting firm most likely employ to analyze the insurance claims in the following problem? An insurance company has called a consulting firm to determine if the company has an unusually high number of false insurance claims.It is known that the industry proportion for false claims is 3%.The consulting firm has decided to randomly and independently sample 100 of the company's insurance claims.They believe the number of these 100 that are false will yield the information the company desires.

• A)binomial distribution.
• B)Poisson distribution.
• C)hypergeometric distribution.
• D)none of the above.

---

Definitions:

Methylphenidate

A stimulant medication commonly used to treat attention-deficit hyperactivity disorder (ADHD) and narcolepsy, known commercially as Ritalin among others.

Stimulant

A substance that raises levels of physiological or nervous activity in the body, often used to increase alertness, attention, and energy.

Operant Conditioning

The method of modifying the robustness of a behavior through the application of rewards or disciplinary actions.

Insight Therapy

A type of psychotherapy aimed at increasing a patient's awareness of underlying motives and defenses to improve mental health.