Answer:
a) 0.0002
b) 0.0057
c) 0.0364
Step-by-step explanation:
Lets start by stating the probabilities of a person belonging to each policy:
Standard: 0.3
Preferred: 0.5
Ultra- Preferred: 0.2
The probability of person belonging to each policy AND dying in the next year:
Standard: 0.3 x 0.015 = 0.0045
Preferred: 0.5 x 0.002 = 0.001
Ultra- Preferred: 0.2 x 0.001 = 0.0002
a) The probability a ultra - preferred policy holder dies in the next year is 0.001. To find the probability of a person being both a ultra - preferred policy holder AND die in the next year is: 0.001 x 0.2= 0.0002
b) The probability is given by adding the probabilities calculated before :
0.0045 + 0.001 + 0.0002 = 0.0057
c) We use the results above again. This is 0.0002 / (0.001 + 0.0045). The answer comes out to be 0.0364
Answer:
The graph should look almost exactly like this. I used a virtual graphing chart to assist, since it is capable of showing more than paper alone.
Answer:
z^ {8/5}
Step-by-step explanation:
First you want to break down both numbers to prime factors so for 10 you would get 10=2x5 and 14 you would get 14=2x7 then you will want to take the greatest common factor of both which is 2 because it is the only factor that is shared between the two then you take the two beginning numbers and divide them by 2 because it is the greatest common factor and 5/7 is your anwser
87.56????????
Just subtract 87.56 from 123.47 then divide by 2 .
= 17.95
