Mathematics, 28.07.2020 21:01 emmasandberg182

The amounts of automobile losses reported to an insurance company are mutually independent, and each loss is uniformly distributed between 0 and 20,000. The company covers each such loss subject to a deductible of 5,000. Calculate the probability that the total payout on 200 reported losses is between 1,000,000 and 1,200,000.

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