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Solve the Problem. -Flood Insurance Policies Sold in the Last Three Days by Three

Question 179

Essay

Solve the problem.
-Flood insurance policies sold in the last three days by a new agent were 3, 5, and 6. Assume that samples of size
2 are randomly selected with replacement from this population of three values. List the different possible
samples, and find the mean of each of them.

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