Answer:
Step-by-step explanation:
Forecast for period 1 is 5
Demand For Period 1 is 7
Demand for Period 2 is 9
Forecast can be given by

where





Forecast for Period 3


First, put it into slope/intercept form so you can see what you've got.
"Slope/intercept form" is <em> y = everything else</em> .
So that means you have to take the equation you have and "solve it for 'y' ".
<u>2y - 10x = 20</u>
Add 10x to each side: 2y = 10x + 20
Divide each side by 2 : <em> y = 5x + 10</em>
There it is.
Now that you have it in that form, you can just look at it and see that the
slope of the line on the graph is 5, and the line crosses the y-axis at 10.
And that's exactly the information you need to graph it. On your graph,
mark a little dot on the y-axis at 10, and draw a line through that dot
with a slope of 5.
Answer:
a). 0.294
b) 0.11
Step-by-step explanation:
From the given information:
the probability of the low risk = 0.60
the probability of the high risk = 0.40
let
represent no claim
let
represent 1 claim
let
represent 2 claim :
For low risk;
so,
= (0.80 * 0.60 = 0.48),
= (0.15* 0.60=0.09),
= (0.05 * 0.60=0.03)
For high risk:
= (0.50 * 0.40 = 0.2),
= (0.30 * 0.40 = 0.12) ,
= ( 0.20 * 0.40 = 0.08)
Therefore:
a), the probability that a randomly selected policyholder is high-risk and filed no claims can be computed as:




b) What is the probability that a randomly selected policyholder filed two claims?
the probability that a randomly selected policyholder be filled with two claims = 0.03 + 0.08
= 0.11
Answer:
Step-by-step explanation:
Let assume that Suppose the chance of contracting malaria is 10% for those who are not vaccinated ; (since the value) is not given.
Thus;
If the vaccine has no effect, risk of malaria for vaccine and no vaccine are equal to 0.1
Probability of not getting malaria if vaccinated or no vaccinated = 1 - 0.1 = 0.9
Malaria No Malaria Total
Vaccinated 100 * 0.1 = 10 100 * 0.9 = 90 100
No Vaccine 200 * 0.1 = 20 200 * 0.9 = 180 300-100 = 200
Total 20 + 10 = 30 90 + 180 = 270 300
If the vaccine cuts the risk by half, risk of malaria for vaccinated are equal to 0.1/2 = 0.05
Probability of not getting malaria if vaccinated = 1 - 0.05 = 0.95
Malaria No Malaria Total
Vaccinated 100 * 0.05 = 5 100 * 0.95 = 95 100
No Vaccine 200 * 0.1 = 20 200 * 0.9 = 180 300-100 = 200
Total 20 + 5 = 25 90 + 180 = 275 300