If the E(X) = 1 then that means it has a 100% which is incorrect.
Each
block has an equal probability to contain the error so 1/3 because you
choose 2/6.
Answer:
Yes the sales manager claims can be refuted based on the calculated percentages
Step-by-step explanation:
<u>From the table attached below </u>
Total number of customers = 200
<em>Calculated percentages</em><em> </em>
customers that prefer whole life insurance = 90 = 90/200 = 45%
customers that prefer universal life insurance = 15 = 15/200 = 7.5%
customers that prefer Annuities = 95 = 95/200 = 47.5
<em>Expected percentages:</em>
whole life = 20%
Universal life = 10%
Life Annuities = 70%
Mean=10.7
median=8
hope this helps
I don’t know what your asking
Answer:
Car finance refers to the various financial products which allow someone to acquire a car, including car loans and leases.