The premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
First step is to calculated the expected amount to pay
Expected amount=Total loss +50% loss+25% loss
Expected amount=$200,000(0.002)(1)+$200,000(0.01)(0.5)+$200,000(0.1)(0.25)
Expected amount=$400+$1,000+$5,000
Expected amount=$6,400
Second step is to calculate the premium
Premium=Expected amount+ Average profit
Premium=$6,400+$500
Premium=$6,900
Inconclusion the premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
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The variable which is categorical in nature is: the color of the opposing team's jerseys.
<h3>What is a categorical data?</h3>
A categorical data can be defined as a type of statistical data that is used to group information that are having the same attributes or characteristics. Some examples of a categorical data include the following:
- Age
- Gender
- Race
- Religion
- Class
In this context, we can infer and logically deduce that the variable which is categorical in nature is the color of the opposing team's jerseys.
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Complete Question:
Coach Silva likes statistics. In fact, after each game he examines many variables to prepare for his next opponent. Which one of the following variables is categorical?
the color of the opposing team's jerseys
the number of passing yards for the quarterback
the attendance
the number of plays ran by the offense
The statements order from first to last about Milgram's late-1960s experiment are:
- A person in Lincoln, Nebraska, is given a letter and a description of the intended recipient in Boston, but no address.
- The Lincoln resident sends the letter to someone who might have a direct or indirect connection to the Boston recipient.
- Each intermediate recipient repeats the process of the Lincoln resident.
- Someone recognizes the final recipient as an acquaintance and sends or delivers the letter to him.
<h3>What was Milgram experiment about?</h3>
The Milgram experiment was done in the late 1960s and it shows that human beings are prone to obeying authority.
The experiment also shows that obedience is not inevitable. The Milgram experiment is a very popular psychological study that looks at the willingness of people to follow orders.
See full question below
Place in order, from first to last, the steps describing how a letter in Stanley Milgram’s late-1960s experiment reached its destination.- Each intermediate recipient repeats the process of the Lincoln resident.- Someone recognizes the final recipient as an acquaintance and sends or delivers the letter to him.- A person in Lincoln, Nebraska, is given a letter and a description of the intended recipient in Boston, but no address.- The Lincoln resident sends the letter to someone who might have a direct or indirect connection to the Boston recipient.
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Answer:
Explanation:
the equation you use here is m=fa or mass=force x acceleration
you plug in the 13.5 N as the force, 6.5 m/s^2 as the acceleration, and do the math.
13.5 x 6.5
That would equal 87.75 which would be your answer.
Answer:
Explanation:
We know the area of the rectangle is length * width
We also know width = length - 5
Thus area is 