Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
G and c you see look 2 times and look at the lines
Answer:
(-3.07, 11.07)
Step-by-step explanation:
Given that a sports writer wished to see if a football filled with helium travels farther, on average, than a football filled with air. To test this, the writer used eighteen adult male volunteers. These volunteers were randomly divided into two groups of nine subjects each.
Group Group One Group Two
Mean 300.00 296.00
SD 8.00 6.00
SEM 2.67 2.00
N 9 9
The mean of Group One minus Group Two equals 4.00
standard error of difference = 3.333
df = 16
t = 1.2000
Margin of error = 3.3333* t critical = 3.3333*2.121
95% confidence interval of this difference: From -3.07 to 11.07
Answer:
Step-by-step explanation:
Each 90° clockwise turn takes a point (x,y) and transforms it to (y,-x). For a 180° turn you would do this process twice in a row; for a 270° turn, three times in a row.
if 15 cars were washed there would be $52.50
