Insurance Company Records Indicate That 10% of Its Policyholders File

question 1

Multiple Choice

Insurance company records indicate that 10% of its policyholders file claims
Involving theft or robbery of personal property from their homes. Suppose a random
Sample of 400 policyholders is selected. The probability that the sample proportion of
Policyholders filing claims involving theft or robbery from their homes is less than 8% is

• A) .0918
• B) .1333
• C) .4082
• D) .0517
• E) .7892

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Definitions:

Specific Phobia

An intense, irrational fear of a specific object, activity, or situation that leads to avoidance behavior.

Irrational Fear

A fear or phobia that is excessive or unreasonable, often not based on actual danger.

Social Anxiety Disorder

Social Anxiety Disorder is a chronic mental health condition characterized by overwhelming anxiety and excessive self-consciousness in everyday social situations.

Smokers

Individuals who regularly inhale the smoke of tobacco products, such as cigarettes, cigars, or pipes, which can lead to addiction and health problems.