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Katyanochek1 [597]
3 years ago
5

PLEASE HELP ME! Check Picture

Mathematics
1 answer:
Sphinxa [80]3 years ago
4 0

Answer:

Are their any options on what to do??

Step-by-step explanation:

-)

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The total claim amount for a health insurance policy follows a distribution with density function 1 ( /1000) ( ) 1000 x fx e− =
gizmo_the_mogwai [7]

Answer:

the approximate probability that the insurance company will have claims exceeding the premiums collected is \mathbf{P(X>1100n) = 0.158655}

Step-by-step explanation:

The probability of the density function of the total claim amount for the health insurance policy  is given as :

f_x(x)  = \dfrac{1}{1000}e^{\frac{-x}{1000}}, \ x> 0

Thus, the expected  total claim amount \mu =  1000

The variance of the total claim amount \sigma ^2  = 1000^2

However; the premium for the policy is set at the expected total claim amount plus 100. i.e (1000+100) = 1100

To determine the approximate probability that the insurance company will have claims exceeding the premiums collected if 100 policies are sold; we have :

P(X > 1100 n )

where n = numbers of premium sold

P (X> 1100n) = P (\dfrac{X - n \mu}{\sqrt{n \sigma ^2 }}> \dfrac{1100n - n \mu }{\sqrt{n \sigma^2}})

P(X>1100n) = P(Z> \dfrac{\sqrt{n}(1100-1000}{1000})

P(X>1100n) = P(Z> \dfrac{10*100}{1000})

P(X>1100n) = P(Z> 1) \\ \\ P(X>1100n) = 1-P ( Z \leq 1) \\ \\ P(X>1100n) =1- 0.841345

\mathbf{P(X>1100n) = 0.158655}

Therefore: the approximate probability that the insurance company will have claims exceeding the premiums collected is \mathbf{P(X>1100n) = 0.158655}

4 0
3 years ago
What is 1+2x3(3+1):::/$/$:7/$.$$,)
Digiron [165]
Answer: 1 + 24x

Add numbers

1 + 2x x 3 x 4

Calculate the product

1 + 24x
5 0
3 years ago
An elementary school has the following students
Olegator [25]

Answer: b

Step-by-step explanation:

4 0
3 years ago
Solve the system of equations y=3x. <br> y=x^2-4
aleksandr82 [10.1K]

Answer:

  (x, y) = (-1, -3)  or  (4, 12)

Step-by-step explanation:

A graphing calculator can show the solutions to this system.

__

You can equate expressions for y and solve for x.

  3x = x^2 -4

  x^2 -3x = 4 . . . . add 4-3x

  x^2 -3x +2.25 = 6.25 . . . . complete the square by adding (-3/2)^2 where -3 is the coefficient of x.

  (x -1.5)^2 = 2.5^2 . . . . . . rewrite as squares

  x -1.5 = ±2.5 . . . . . . . . . . take the square root

  x = 1.5 ± 2.5 = -1, +4

  y = 3x = -3, +12, respectively

Solutions are ...

  (x, y) = (-1, -3) . . . . and . . . . (4, 12)

8 0
3 years ago
a box contains 6 dimes, 8 nickels, 12 pennies, and 3 quarters. what is the probability that a coin drawn at random is not a dime
andrew11 [14]

Add all the coins to get total coins:

6 + 8 + 12 + 3 = 29 total coins

Subtract dimes to find total of the coins that are not dimes:

29 -6 = 23

Probability of not picking a dime is the number of coins that aren’t dimes over total coins:

23/29

6 0
3 years ago
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