Let x be a random variable representing the number of skateboards produced
a.) P(x ≤ 20,555) = P(z ≤ (20,555 - 20,500)/55) = P(z ≤ 1) = 0.84134 = 84.1%
b.) P(x ≥ 20,610) = P(z ≥ (20,610 - 20,500)/55) = P(z ≥ 2) = 1 - P(z < 2) = 1 - 0.97725 = 0.02275 = 2.3%
c.) P(x ≤ 20,445) = P(z ≤ (20,445 - 20,500)/55) = P(z ≤ -1) = 1 - P(z ≤ 1) = 1 - 0.84134 = 0.15866 = 15.9%
Answer:
Step-by-step explanation:
F(x)=-1
Answer:
A im pretty sure its a try it and let me know
Answer:
About $437.25
Step-by-step explanation:
Using the table which gives the annual premium per $1000; the premium paid annually by the 40 year old male is $437.23
The total annual premium = $75000
Using the data in the table :
Annual premium per $1000 of coverage for a 40-year old male with a 10 - years life insurance policy = $5.83
The annual premium for $75,000 ;
Premium per $1000 × ($75000/$1000)
Annual premium = $5.83 × ($75,000/1000)
Annual premium = $5.83 × 75 = $437.25
Hence, the annual premium for the lifetime insurance based on the stated conditions is $437.25
