Answer:
The correct option is d.
Step-by-step explanation:
It is given that you have insurance premiums of $250 due quarterly.
In each year we have 4 quarters, because each quarter has 3 months.
The total amount of insurance premiums due quarterly is $250.
The total amount of insurance premiums due annually is
Therefore we have to pay $1000 annually. Option d is correct.
The statement that best describes the experimental probability of getting heads is:
It is 10% higher than the theoretical probability.
<h2>Step-by-step explanation:</h2>We know that the theoretical probability of getting head is: 0.5
and the theoretical probability of getting tail is: 0.5
Also, the results of experiments are:
Heads Tails
90 60
This means that the experimental probability of getting head is: 90/150=3/5=0.6
and the experimental probability of getting tail is: 60/150=2/5=0.4
Hence, the experimental and theoretical probability of getting head is not same or equal.
Also, the experimental probability of getting head is more than the theoretical probability of getting head and the percent increase is calculated as: