Answer:
A) the probability model for the insurance company's profit:
<u>x 100 -9,900 -2,900</u>
P(X = x) 0.9975 0.0005 0.002
There is a 0.05% chance that there will be a major injury and a 0.2% chance of a minor injury, the chance of no injury happening is 99.75%.
B) the company's expected profit = ($100 x 0.9975) + (-$9,900 x 0.0005) + (-$2,900 x 0.002) = $99.75 - $4.95 - $5.80 = $89
C) the standard deviation is the square root of the variance, and the variance =
σ² = ∑(x - μ)² P(x) = (11² x 0.9975) + (9989² x 0.0005) + (2989² x 0.002) = 121 + 49,890 + 17,868 = 67,879
standard deviation = √σ² = √67,879 = 260.54
Here i hope this helps you with the problem
Answer:
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Step-by-step explanation:
Answer:The slope-intercept form is y=mx+b y = m x + b , where m m is the slope and b b is the y-intercept. Combine 23 2 3 and x x . Rewrite in slope-intercept form. Use the slope-intercept form to find the slope and y-intercept.
Step-by-step explanation:Hope this Helps you!
Step-by-step explanation:
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