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allsm [11]
2 years ago
9

Car insurance companies want to keep track of the average cost per claim. The current data in use for Auto Insurance R Us is an

average of $2,200 for each claim with a standard deviation of $500. With this average, the company can stay competitive with rates but not lose money. However, the statistician for the company believes that the cost of the average claim has increased. He pulled 40 recent claims and found the average to be $2,350. Which most restrictive level of significance would suggest that the company should raise rates
Mathematics
1 answer:
anygoal [31]2 years ago
6 0

Answer:

The answer is 5%

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Ne4ueva [31]
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7 0
3 years ago
Find A10 where<br> A-<br> ܢ<br> (<br> 1-2<br> 8<br> 0 -1 0<br> 0_0 -1
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Answer:

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6 0
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The population of Centerville increases each year. The function C(t) = P(1 +r)^t represents the population of centerville at yea
strojnjashka [21]

Answer:

P represents the population in year 0 ⇒ D

Step-by-step explanation:

* Lets explain the exponential growth function

- The exponential growth function is f(x) = a (1 + r)^t, where a is the initial

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* Lets solve the problem

∵ The function C(t) = P(1 + r)^t represents the population of

  centerville at year t, where P is the initial population and r is the

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- Ex: If your investment is increased 10% annually, then that means

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∴ (1 + r) is the factor grows each year

∵ C(t) = P(1 + r)^t

∴ C depends on P(starting population) , r(the increasing rate and

   t(the time in year)

∵ r is the rate of increase means the percentage of increasing , then

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∴ r is not less than 0

∵ P is the initial amount when t = 0

∴ P represents the population in year 0

4 0
3 years ago
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morpeh [17]

Answer:

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8 0
3 years ago
635% at a mixed number
Stells [14]

Answer:

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Step-by-step explanation:

3 0
2 years ago
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