Answer:
8/12 yard or 2/3 yard
Step-by-step explanation:
The sum of the two lengths is ...
5/12 yd + 3/12 yd = (5+3)/12 yd = 8/12 yd
This fraction can be reduced by removing a factor of 4 from numerator and denominator.
8/12 yd = 2/3 yd
If the arm portions are end-to-end, the total length is 2/3 yard.
Answer:
The insurance company should charge $1,873.5.
Step-by-step explanation:
Expected earnings:
1 - 0.99813 = 0.00187 probability of the company losing $1 million(if the client dies).
0.99813 probability of the company earning x(price of the insurance).
What premium would an insurance company charge to break even on a one-year $1 million term life insurance policy?
Break even means that the earnings are 0, so:




The insurance company should charge $1,873.5.
There was 4.35% error in Diego's measurements.
Step-by-step explanation:
Given,
Length measured by Diego = Approx value = 22 cm
Actual length = Exact value = 23 cm
Percent error = 

Rounding off to nearest hundredth
Percent error = 4.35%
There was 4.35% error in Diego's measurements.
Keywords: percentage, subtraction
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Answer:
We want to reduce type II error we carry out the test using a larger significance level (such as 0.10) and not a small significance level α (such as 0.01).
Step-by-step explanation:
Type I error
- Rejecting the null hypothesis when it is in fact true is called a Type I error.
- It is denoted by alpha, α that is the significance level.
- Lower values of alpha make it harder to reject the null hypothesis, so choosing lower values for alpha can reduce the probability of a Type I error.
It is given that the consequences of a Type I error are not very serious, but there are serious consequences associated with making a Type II error.
Type II error
- This is the error when we fail to reject a false null hypothesis or accept a null hypothesis when it is true.
- Higher values of alpha makes it easier to reject the null hypothesis.
- So choosing higher values for alpha can reduce the probability of a type II error.
- The consequence here is that if the null hypothesis is true, increasing the value of alpha makes it more likely that we make a Type I error.
Since, we want to reduce type II error we carry out the test using a larger significance level (such as 0.10) and not a small significance level α (such as 0.01).
This will increase type I error but that is okay since we do not have serious consequences for it.