Solve for c:c5-3= -15PLEASE SHOW WORK!!!
1 answer:
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Answer: He will receive only $55080 against the fire insurance that caused damage the property.
Explanation:
Since we have given that a house worth $250,000 has a coinsurance clause of 90 percent .
But the owner insure the property for $191,250.
That means the owner does not insure the property for his full value ,
Amount incurred on fire that caused damage =$80,000
Amount he will receive against his insurance is given by
Hence, He will receive only $55080 against the fire insurance that caused damage the property.
Answer: b. Yes
Step-by-step explanation: Confidence Interval for a population proportion is calculated as:
p ±
where
p is the sample proportion
n is sample size
z is z-score, in this case, as it is 95%, z-score=1.96
Calculating confidence interval:
p = 0.3248
0.3248 ±
0.3248 ±
0.3248 ± 0.0425
Interval: 0.2823 < μ < 0.3673
The interval means we are 95% sure the true mean is between 0.2823 and 0.3673. As the campaign claims a proportion of no more than 0.32 of the voters wants to see Mayor Waffleskate defeated and the number is in the confidence interval, the claim is supported.