Answer:
The probability that Actuary Rahul examines fewer policies that Actuary Toby = 0.2857
Step-by-step explanation:
It is said that Actuary Rahul examines a low risk policy
Probability of a low risk policy having a claim = 10% = 0.1
Actuary Toby examines high risk policy
Probability of a high risk policy having a claim = 20% = 0.2
Let the number of policies examined by actuary Rahul before he finds a claim and stop be n
Probability that actuary Rahul examines exactly n policies = 
Probability that Toby examines more than n policies = 
Since the claim statuses of policies are mutually independent, the probability that both events happen simultaneously = 
probability that both events happen simultaneously = 
The probability that Actuary Rahul examines fewer policies that Actuary Toby = 
= 
The probability that Actuary Rahul examines fewer policies that Actuary Toby = 0.2857
Steve didn't put the parenthesis when he went to the second part of the equation, instead of putting the parenthesis he skipped them and keep going along with the equation.
I don't know if you needed this but the answer to the math problem would be
Answer: 2 x
Answer:
here what to do
Step-by-step explanation:
Since the volume of a cone is pi the radius squared times the height divided by 3. If you know the diameter,you simple divide by 2
It’s clearly number 2. 3 and 4 don’t have a 4 so it leaves 1 and 2 1 has gt so that’s wrong so it’s 2 because it has lt
Answer:
A. We have extremely strong evidence to reject H0.
Step-by-step explanation:
Let P be the proportion of non-retirees in 2015 who did not think that Social Security would be able to pay a retirement benefit by the time that they retire.
According to the data null and alternative hypotheses should be:
: P=0.60
: P<0.60
Test statistics is -4.29 and p-value of the statistics is p<0.001
At every significance levels higher than 0.001, we can reject the null hypothesis since p<0.001.
