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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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the answer is [c]

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28.4 mpg

Step-by-step explanation:

Find the unit rate, that is, the number of miles per gallon:

216 miles

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7.6 gallons

5 0
3 years ago
Urgent!!!) pls help me out how to solve question a? using the above data given for functions ..
pentagon [3]

Answer:

graph it

Step-by-step explanation:

5 0
3 years ago
FIRST ONE TO ANSWER GETS BRAINLIEST!!!!
-Dominant- [34]

Answer:

The maximum distance traveled is 4.73 meters in 0.23 seconds.

Step-by-step explanation:

We have that the distance traveled with respect to time is given by the function,

d(t) = 4.9t^2-2.3t+5.

Now, differentiating this function with respect to time 't', we get,

d'(t)=9.8t-2.3

Equating d'(t) by 0 gives,

9.8t - 2.3 = 0

i.e. 9.8t = 2.3

i.e. t = 0.23 seconds

Substitute this value in d'(t) gives,

d'(t) = 9.8 × 0.23 - 2.3

d'(t) = 2.254 - 2.3

d'(t) = -0.046.

As, d'(t) < 0, we get that the function has the maximum value at t = 0.23 seconds.

Thus, the maximum distance the skateboard can travel is given by,

d(t) = 4.9\times 0.23^2-2.3\times 0.23+5.

i.e. d(t) = 4.9\times 0.0529-2.3\times 0.23+5.

i.e. d(t) = 0.25921-0.529+5.

i.e. d(t) = 0.25921-0.529+5.

i.e. d(t) = 4.73021

Hence, the maximum distance traveled is 4.73 meters in 0.23 seconds.

5 0
3 years ago
A jar of peanut butter contains 454 g with a standard deviation of 10.2 g. Find the probability that a jar contains more than 46
Fofino [41]

Answer:

The probability that a jar contains more than 466 g is 0.119.

Step-by-step explanation:

We are given that a jar of peanut butter contains a mean of 454 g with a standard deviation of 10.2 g.

Let X = <u><em>Amount of peanut butter in a jar</em></u>

The z-score probability distribution for the normal distribution is given by;

                                Z  =  \frac{X-\mu}{\sigma}  ~ N(0,1)

where, \mu = population mean = 454 g

           \sigma = standard deviation = 10.2 g

So, X ~ Normal(\mu=454 , \sigma^{2} = 10.2^{2})

Now, the probability that a jar contains more than 466 g is given by = P(X > 466 g)

            P(X > 466 g) = P( \frac{X-\mu}{\sigma} > \frac{466-454}{10.2} ) = P(Z > 1.18) = 1 - P(Z \leq 1.18)

                                                                  = 1 - 0.881 = <u>0.119</u>

The above probability is calculated by looking at the value of x = 1.18 in the z table which has an area of 0.881.

4 0
3 years ago
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