Answer:
187
Step-by-step explanation:
Answer:
The expected loss is $275 million.
Step-by-step explanation:
Expected loss can be determined as the sum of the product of each possible loss by the its probability of occurence. In this situation, there are only two possible losses listed since the probability of no loss doesn't add any value to the expected loss and should be disregarded.
Expected loss (in millions) = EL
The expected loss is $275 million.
Y=-4x - 24
I hope this helps you :)
The value of "b" is the y-intercept.
In order to figure out slope-intercept form you need 1 coordinate and the slope.
1) Find the slope, using the 2-point slope formula: "m= y2-y1 / x2-x1".
ex. m= -5 - 3 / -4 - -6 (simplify)---> m= -4
2) Fill in the blanks for point-slope formula: "y - y1 = m (x - x1)"
(choose one coordinate, it doesn't matter which one)
ex. y - -5 = -4 (x - -4)
3) Then use basic algebra to simplify.
Answer:
0.070
Step-by-step explanation:
Y = number on trial
Y has a negative binomial distribution
r = 3
P = 30% = 0.3 probability of positive indication.
P(Y = 11) probability of 11 employees that must be tested to get 3 positives
Y-1Cr-1*p^r*q^(y-r)
Y-1 = 11-1 = 10
r-1 = 3 -1 = 2
10C2 x 0.3³x0.7⁸
45x0.027x0.05764801
= 0.070
This is the probability that 11 employees must be tested to get 3 positives.
