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Mathematics

1 answer:

zhenek [66]2 years ago

8 0

Using Excel formulas

=LARGE(A1:A20, 1)/COUNT (A1:A20)

Count (Ai:An) Function that allows to count the total number of values in a cells range between Ai and An that contain only numbers.

Large (Ai:An, k) Function that allows to find the value of the largest number in a cells range between Ai and An, the number k determine the k-th largest value

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A fire insurance company has high-risk, medium-risk, and low-risk clients, that have, respectively, probabilities 0.02, 0.01, an

KIM [24]

Answer:

Probability that the claim came from a high-risk client = claim from a high-risk client / claim from all clients

= 0.002 / (0.002 + 0.002 + 0.00175)

= 0.002 / 0.00575‬

= 0.3478

= 0.35

Step-by-step explanation:

Claims filed by each group of clients is gotten by multiplying the probabilities of occurrence by proportions of the number of client in the category

Claims filed by high-risk clients = 0.02 * 0.10 = 0.002‬

Claims filed by medium-risk clients = 0.01 * 0.20 = 0.002‬

Claims filed by low-risk clients = 0.0025 * 0.70 = 0.00175‬

5 0

3 years ago

Luke bought 256 ounces of strawberries. he divided them evenly between 8 different pies.

pychu [463]

Answer:

2 pounds.

Step-by-step explanation:

We have been given that Luke bought 256 ounces of strawberries. He divided them evenly between 8 different pies. We are asked to find the pounds of strawberries that Luke put on each pie.

First of all, we will convert 256 ounces into pounds.

We know that 1 pound equals 16 ounces. To convert 256 ounces into pounds, we need to divide 256 by 16.

$256$ $ounces=\frac{256}{16}$ $pounds=16$ $pounds$