ASAP!!! PLEASE HELP AS SOON AS POSSIBLE...and correctly Thank you

An insurance company offers its policyholders a number of different premium payment options. For a randomly selected policyholde

n200080 [17]

Answer:

(a)

$\begin{array}{cccccc}x & {1} & {3} & {4} & {6} & {12} \ \\ P(x) & {0.30} & {0.10} & {0.05} & {0.15} & {0.40} \ \end{array}$

(b)

$P(3 \le x \le 6) = 0.30$

$P(4 \le x)=0.60$

Step-by-step explanation:

Given

$F(x) = \left[\begin{array}{ccc}0& x$

Solving (a): The pmf

This means that we list out the probability of each value of x.

To do this, we simply subtract the current probability value from the next.

So, we have:

$\begin{array}{cccccc}x & {1} & {3} & {4} & {6} & {12} \ \\ P(x) & {0.30} & {0.10} & {0.05} & {0.15} & {0.40} \ \end{array}$

The calculation is as follows:

$0.30 - 0 = 0.30$

$0.40 - 0.30 = 0.10$

$0.45 - 0.40 = 0.05$

$0.60 - 0.45 = 0.15$

$1 - 0.60 = 0.40$

The x values are gotten by considering where the equality sign is in each range.

$1 \le x < 3$ means $x = 1$

$3 \le x < 4$ means $x = 3$

$4 \le x < 6$ means $x=4$

$6 \le x < 12$ means $x = 6$

$12 \le x$ means $x = 12$

Solving (b):

$(i)\ P(3 \le x \le 6)$

This is calculated as:

$P(3 \le x \le 6) = F(6) - F(3-)$

From the given function

$F(6)= 0.60$

$F(3-) = F(1) = 0.30$

So:

$P(3 \le x \le 6) = 0.60 - 0.30$

$P(3 \le x \le 6) = 0.30$

$(ii)\ P(4 \le x)$

This is calculated as:

$P(4 \le x)=1 - F(4-)$

$P(4 \le x)=1 - F(3)$

$P(4 \le x)=1 - 0.40$

$P(4 \le x)=0.60$

8 0

3 years ago

Geometry Help??? 6-8

andrew11 [14]

-2 is the answer when i figured out the problem

7 0

3 years ago

Andy is solving a quadratic equation using completing the square. If a step in the process results in = (x – 6)2, could the orig

Zarrin [17]

<span>Yes, the equation can be solved by factoring. Using the given equation, take the square root of both sides. Both 169 and 9 are perfect squares, so the left side becomes plus or minus 13/3, which is rational. Six plus 13/3 is a rational number, and 6 minus 13/3 is also a rational number. If the solutions of a quadratic equation are rational, then the equation is factorable. </span>

7 0

3 years ago

Read 2 more answers

The price of a gallon of gasoline increased from 2.50 a gallon to 2.75 a gallon what was the percent increase

Vera_Pavlovna [14]

The increase in price was 10%
2.5*.1=.25
2.5+.25=2.75
hope this helps

8 0

2 years ago

Help me answer this please

nikitadnepr [17]

Answer:

x=115 y=65