Ok if half are female that means 40 than 80 more for each of them because they all produce 80 so 80 times 40 = 3200 your gonna do the same 2 more times because of 3 generations so 3200 times 3 = 9600 in total
A graphing calculator working the quadratic regression problem for these three points gives the equation as
y = 2x² +7x -5
Answer: Question 1
a)5.47
b)4.53
Step-by-step explanation:
Answer:
y₀.₉₅ = 3659
Step-by-step explanation:
P( no accident ) = 0.8
P( one accident ) = 0
deductible = 500
mean = 3000
<u>Determine the 95th percentile of the insurance company payout </u>
Assuming : y =company payout , x =amount of loss incurred due to accident
Then :
P( x < 500 ) = 0.2 ( 1 - e^-500/3000)
= 0.2 ( 1 - e^-1/6 )
95th percentile =
= P( y < y₀.₉₅ ) 0.95
P( y = 0 ) = 0.8 + 0.2 ( 1 - e^-1/6 ) = 0.8307
attached below is the remainder of the solution