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
Answer:
the answer is the second option
Answer:
see below
Step-by-step explanation:
The term -2t suggests that there are "t" of something that costs $2, or there are 2 of something that costs "t" dollars. The options marked include both interpretations.
Answer:
Daniel must tutor 160 hours
Explanation:
310+275+70= 655
655×6= 3930 (he needs this amount of $)
(Daniel gains $20 per hour)
20×160= 3200
3200+745= 3945
3945 > 3930
Daniel has enough for the trip.
Where did I get 160?
Well, I was just trying out numbers and multiplying it by 20
The numbers I tried: 100, 150, 156, 159 & 160 but only 160 fit with the answer.
If it was just one night road trip he would've just needed $655, but since it's a 6-night road trip I multiplied it by 6.
Hope this helped!