<span>Tomio, age 28, takes out $50,000 of straight-life insurance. His annual premium is $418.20. Using the tables found in the textbook, determine the cash value of his policy at the end of 20 years.
A. $26,500
B. $30,000
C. $13,250
D. $26,000
</span>50,000/1,000 = 50
265*50 = $13,250
So the cash value of this policy is $13,250
<span>
The correct answer is:
</span><span>C. $13,250</span>
Answer:
a= 13.15 years
b= -0.62 years/$
Step-by-step explanation:
Hello!
Given the variables
Y: Age of a used car. (years)
X: Price of a sold used car. ($000)
The linear regression model is:
E(Y)= α + βXi
The estimated equation is:
^Y= a + bXi
a= 13.15 years
b= -0.62 years/$
Then ^Y= 13.15 - 0.62Xi
Mean Y= 8.92
Mean X= 6.91
∑Y= 107
∑Y²=1009
∑X=82.90
∑X²=615.29
∑XY=712.9
Hope it helps!
Answer:
a
Step-by-step explanation:
Answer:
y = 9x + 175
Step-by-step explanation:
Choose one value for y in the table, for example, 211. All the equations have 9x, so multiply the corresponding x for 9:
9•4 = 36
Now make the value of y - 36:
211 - 36 = 175
Now you have the equation:
y = 9x +175
Answer:
A) 10-14
B) 45
C) 6.7%
Step-by-step explanation:
A) The interval that contain the most values can be gotten by looking at the histogram and selecting the interval with the highest frequency. Hence the interval 10-14 contains the most values because it has a frequency of 20.
B)The total number of swimmers is gotten by summing all the frequency of each individual lap. Hence:
Total swimmers on team = 10 + 12 + 20 + 0 + 3 = 45 swimmers
C) The percentage of swimmers who swam more than 14 laps = (number of swimmers that swam more than 14 laps/total swimmers) * 100%
The percentage of swimmers who swam more than 14 laps = [(0 + 3)/45] * 100% = (3/45) * 100% = 6.7%
