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March 27, 2015

March 27, 2015

Posted by **Nina** on Wednesday, November 17, 2010 at 10:55am.

In a study of human mortality rate, an Actuary estimated that in US and Canada, about 78% (fictional figures) of life insurance claims resulted from accidental deaths. Suppose a study is being planned to estimate the relative frequency of claims in Canada, and it is desired that the standard error of the esrimated relative frequency should be 0.013. How many claims should be included in the study.

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