Answer and Explanation:
Number of classes = 8
Highest value =2300
Lowest value = 1250
Class width= highest value – lowest value / number of classes
= 2300 – 1250/8
= 131.25 = 132
So, we can write class as 1250+132=1382
Class frequency
1250-1382 2
1382-1514 3
1514-1646 6
1646-1778 2
1778-1910 3
1910-2042 2
2042-2174 1
2174-2306 1
I think the answer is 17%
Answer:
im not in high school sorry
Step-by-step explanation:
Answer:
The profit of the company will be $224.85
Step-by-step explanation:
Let the equation of profit be termed as E(x)
we are given
amount of purchasing the policy (let a)= $1000
probability that women will live for at least 1 year (let b) = 0.9581
amount lost by insurance company if the women dies (let c) = 18,500-1000 = 17,500
the probability woman dies within one year (let d) = 1-0.9581=0.0419
the equation will be
E(x) of profit= a*b - c*d = 1000*0.9581 - 17500*0.0419
= 958.1 - 733.25
= 224.85
