The answer is -52
First you must substitute the variables
Then you must simplify
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Answer:
A= 47 1/2
Step-by-step explanation:
The complete question is;
Five people buy individual insurance policies. According to the research, the probability of each of these people not filing a claim for at least 5 years is 2/3.
The probability that all 5 have not filed a claim after 5 years is A: 0.132 B: 0.868 C: 1 , and the probability that exactly 3 will have filed a claim after 5 years is A: 0.016 B: 0.033 C: 0.067
Answer:
1) P(all 5 file no claim after 5 years) = 0.132
2) P(exactly 3 file claim after 5 years) = 0.033
Step-by-step explanation:
1) we are told that the probability of each of these people not filing a claim for at least 5 years is 2/3.
Thus, for all 5 of them,
The probability will be;
P(all 5 file no claim after 5 years) = (2/3)^5 = 0.1317 ≈ 0.132
2) since probability of each not filing a claim for last 5 years = 2/3
Then probability of each filing a claim after 5 years = 1 - 2/3 = 1/3
So, P(exactly 3 file claim after 5 years) = (1/3)^3 ≈ 0.037.
The closest answer is 0.033.
ur not dum
Answer:
Paul
Step-by-step explanation:
Paul earn more than monica. Though he is getting less interest but because of his higher initial amount he is getting more return.
Computing the return of both
Monica return is 100*3.4%= $3.4 in a year
Paul return is 200*%2.2= $4.4 in a year.
