The Mexican Revolution, which began in 1910, ended dictatorship in Mexico and established a constitutional republic
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Based on the information given, the effect of the circled point on the correlation will be D. This point will decrease the value of the slope and decrease the value of the y-intercept.
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What is correlation?</h3>
From the complete information, it can be noted that the effect of the circled point on the correlation is that the correlation will be weakened because the point falls outside the data pattern.
Therefore, this implies that the point will decrease the value of the slope and decrease the value of the y-intercept.
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There were 270*100/30 = 900 total finishers. 90% completed the marathon, so 900*100/90 = 1000 began the marathon. 1,000 runners total.
The premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
First step is to calculated the expected amount to pay
Expected amount=Total loss +50% loss+25% loss
Expected amount=$200,000(0.002)(1)+$200,000(0.01)(0.5)+$200,000(0.1)(0.25)
Expected amount=$400+$1,000+$5,000
Expected amount=$6,400
Second step is to calculate the premium
Premium=Expected amount+ Average profit
Premium=$6,400+$500
Premium=$6,900
Inconclusion the premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
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