Answer:
a) E(X)=1
b) σ=1
c) P(X>1)=0.368
d) P(2<X<5)=0.128
Step-by-step explanation:
We have X: "the time between two successive arrivals at the drive-up window of a local bank", exponentially distributed with λ = 1.
a) We have to compute the expected time between two successive arrivals.
The expected value for X as it is exponentially distributed is:
b) We have to compute the standard deviation of X.
The standard deviation is calculated as:
c) The probability that X is larger than 1 (P(X>1))
We can express the probability as:
d) The probability that X is between 2 and 5 (P(2<X<5))
Answer:
The patient owe $1255.6 .
Step-by-step explanation:
As given
A patient's total surgery charges are $1,278.
The patient must pay the annual deductible of $1,000.
The policy states a 80-20 coinsurance. (i.e 20% of the surgery amount is given by the patient .)
20% is written in the decimal form .
= 0.20
20% of patients surgery cost = 0.20 × $1278
= $ 255.6
Patients owe = Deductible cost + 20% of patients surgery cost
= $1000 + $255.6
= $ 1255.6
Therefore the patient owe $1255.6 .
Answer:
0.5600
Step-by-step explanation:
The thousandths place is lower than 5 so then you round down to the nearest ten.
Answer:j
Step-by-step explanation:
