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Dafna1 [17]
3 years ago
13

A company offers a flood insurance policy that costs a homeowner $200 per year, and the company will make a payout of $100,000 t

o the homeowner if they have a flood in that year. The company set this price based on the probability of a flood in the area being 0.001. The table below displays the probability distribution of X=X= the company's profit from one of these policies.
No flood Flood
X=profit $200 -$99,800
P(X) 0.999 0.001

Given that μX​=$100, calculate σX​.
You may round your answer to the nearest dollar.
Mathematics
1 answer:
wel3 years ago
7 0

Answer:

σX​ = 3161

Step-by-step explanation:

The standard deviation is the square root of the multiplication of each probability multiplied by the squared difference between the values and the mean.

In this question:

\sigma X = \sqrt{0.999*(200-100)^2 + 0.001*(-99800-100)^2} = 3160.7

Rounding to the nearest dollar, σX​ = 3161

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Which One Doesn't Belong (WODB)
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Vladimir79 [104]
Solve the following system:
{6 t - 5 s = -4 | (equation 1)
{-r - 4 s + 3 t = -4 | (equation 2)
{-2 r - 4 s - 4 t = -9 | (equation 3)

Swap equation 1 with equation 3:
{-(2 r) - 4 s - 4 t = -9 | (equation 1)
{-r - 4 s + 3 t = -4 | (equation 2)
{0 r - 5 s + 6 t = -4 | (equation 3)
Subtract 1/2 × (equation 1) from equation 2:
{-(2 r) - 4 s - 4 t = -9 | (equation 1)
{0 r - 2 s + 5 t = 1/2 | (equation 2)
{0 r - 5 s + 6 t = -4 | (equation 3)
Multiply equation 1 by -1:
{2 r + 4 s + 4 t = 9 | (equation 1)
{0 r - 2 s + 5 t = 1/2 | (equation 2)
{0 r - 5 s + 6 t = -4 | (equation 3)
Multiply equation 2 by 2:
{2 r + 4 s + 4 t = 9 | (equation 1)
{0 r - 4 s + 10 t = 1 | (equation 2)
{0 r - 5 s + 6 t = -4 | (equation 3)
Swap equation 2 with equation 3:
{2 r + 4 s + 4 t = 9 | (equation 1)
{0 r - 5 s + 6 t = -4 | (equation 2)
{0 r - 4 s + 10 t = 1 | (equation 3)
Subtract 4/5 × (equation 2) from equation 3:
{2 r + 4 s + 4 t = 9 | (equation 1)
{0 r - 5 s + 6 t = -4 | (equation 2)
{0 r+0 s+(26 t)/5 = 21/5 | (equation 3)

Multiply equation 3 by 5:
{2 r + 4 s + 4 t = 9 | (equation 1)
{0 r - 5 s + 6 t = -4 | (equation 2)
{0 r+0 s+26 t = 21 | (equation 3)
Divide equation 3 by 26:
{2 r + 4 s + 4 t = 9 | (equation 1)
{0 r - 5 s + 6 t = -4 | (equation 2)
{0 r+0 s+t = 21/26 | (equation 3)
Subtract 6 × (equation 3) from equation 2:
{2 r + 4 s + 4 t = 9 | (equation 1)
{0 r - 5 s+0 t = (-115)/13 | (equation 2)
{0 r+0 s+t = 21/26 | (equation 3)
Divide equation 2 by -5:
{2 r + 4 s + 4 t = 9 | (equation 1)
{0 r+s+0 t = 23/13 | (equation 2)
{0 r+0 s+t = 21/26 | (equation 3)
Subtract 4 × (equation 2) from equation 1:
{2 r + 0 s+4 t = 25/13 | (equation 1)
{0 r+s+0 t = 23/13 | (equation 2)
{0 r+0 s+t = 21/26 | (equation 3)
Subtract 4 × (equation 3) from equation 1:
{2 r+0 s+0 t = (-17)/13 | (equation 1)
{0 r+s+0 t = 23/13 | (equation 2)
{0 r+0 s+t = 21/26 | (equation 3)
Divide equation 1 by 2:
{r+0 s+0 t = (-17)/26 | (equation 1)
{0 r+s+0 t = 23/13 | (equation 2)
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Collect results:Answer:  {r = -17/26
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Orlov [11]
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DaniilM [7]

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Below

Step-by-step explanation:

● a^(-2) *b^3

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● b^3 / a^2

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