Insurance companies need to maintain a certain amount in reserved funds in order to pay anticipated claims. The average monthly claim amount for the last 60 months for company A was $7,500,000 and the (sample) standard deviation was $1,200,000.
(a) Find a 95% upper confidence bound on the average monthly claim amount.
(b) The regulations on the reserves will be strengthened in the near future. According to the new regulations, insurance companies that do not have sufficient amount in reserve will be subject to a significant penalty. Company A wants to adjust the target reserve amount accordingly, by computing a new upper bound on the average monthly claim amount. Should the company recalculate an upper confidence bound with a higher or a lower level of confidence? Briefly explain why. Then compute a 99.95% upper confidence bound on the average monthly claim amount.

9514 1404 393

Answer:

  ΔWZT ~ ΔWXY

Step-by-step explanation:

Angle XWY and angle ZWT are vertical angles, so congruent.

The sides on either side of those angles are proportional:

  WZ/WX = WT/WY

  11/22 = 10/20 = 1/2

so, we can claim similarity by the SAS Theorem.

  ΔWZT ~ ΔWXY

Answer:

[tex]\frac{2}{3}[/tex]

Step-by-step explanation:

2 dice = 12 numbers

1, 2, 3, 4 and 1, 2, 3, 4 are less than five.

This is a total of 8 numbers.

[tex]\frac{8}{12} =\frac{8/4}{12/4}=\frac{2}{3}[/tex]

The probability that both numbers are less than 5 on throwing 2 dices is given by P ( A ) = 4/9 = 44.44 %

The probability that an event will occur is measured by the ratio of favorable examples to the total number of situations possible

Probability = number of desirable outcomes / total number of possible outcomes

The value of probability lies between 0 and 1

Given data ,

Let the probability that both numbers are less than 5 on throwing 2 dices be represented as P ( A )

Now , the total number of outcomes for throwing 2 dices = 36 outcomes

And , out of these 36 possible outcomes, there are 16 outcomes where both numbers are less than 5

{(1,1), (1,2), (1,3), (2,1), (2,2), (2,3),

(3,1), (3,2), (3,3), (4,1), (4,2), (4,3),

(1,4), (2,4), (3,4), (4,4)}

So , the number of possible outcomes = 16

And , probability P ( A ) = 16/36

P ( A ) = 4/9

Hence , the probability is 4/9

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Answer:

Multiply each side by 6

Step-by-step explanation:

27 = m/6 - 3

Add 3 to each side

27+3 = m/6 - 3+3

30 = m/6

Multiply each side by 6

30*6 = m/6*6

180 = m

Answer:

yes, i think it is correct :)

Step-by-step explanation:

Answer:

0.206 = 20.6% probability that exactly 5 of them weigh more than 20 pounds.

Step-by-step explanation:

For each baby, there are only two possible outcomes. Either they weigh more than 20 pounds, or they do not. The probability of a baby weighing more than 20 pounds is independent of any other baby, which means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

A public health organization reports that 30% of baby boys 6 - 8 months old in the United States weigh more than 20 pounds.

This means that [tex]p = 0.3[/tex]

A sample of 15 babies is studied.

This means that [tex]n = 15[/tex]

What is the probability that exactly 5 of them weigh more than 20 pounds

This is P(X = 5). So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 5) = C_{15,5}.(0.3)^{5}.(0.7)^{10} = 0.206[/tex]

0.206 = 20.6% probability that exactly 5 of them weigh more than 20 pounds.

Answer:

Given function:

Fill in the table by substituting the value of x:

The graph is attached

Answer:g(x) is flipped and 2 times as steep and shifted left 5

Step-by-step explanation:

9514 1404 393

Answer:

  5196 m

Step-by-step explanation:

The difference in elevation is found by subtracting one elevation from the other. Usually, we're interested in the positive difference, so we subtract the smaller number from the larger.

  5040 -(-156) = 5040 +156 = 5196

The difference in elevation is 5196 meters.

Answer:

[tex]\triangle FED\sim \triangle JEH[/tex]

Step-by-step explanation:

Both pairs of vertical angles formed at point E are equal. Therefore, the two triangles share two angles. If two triangles share two angles, they must also share the third angle, since the sum of the interior angles of a triangle add up to 180 degrees. Therefore, all three angles of the two triangles are equal, which is a proof of similarity. [tex]\implies \boxed{\triangle FED\sim \triangle JEH}[/tex]

9514 1404 393

Answer:

  ΔDEF ~ ΔHEJ

Step-by-step explanation:

The vertical angles at E are congruent, and the marked angles at F and J are congruent. The two triangles are similar by the AA postulate.

The given portion of the similarity statement names the angles in the order "unspecified", "vertical", and "50°". If we name those angles in the same order in the other triangle, the similarity statement becomes ...

  ΔDEF ~ ΔHEJ

Answer:

parallel

Step-by-step explanation:

the slope of each line is 5/6 which means the lines are parallel

Answer:

216

Step-by-step explanation:

outcome of one die is 1 out of 6 and if you roll 3 dices, the outcome is 216 possible outcomes because 6 times 6 times 6 is 6 cubed or 216

Answer:

3408

Step-by-step explanation:

Answer:

The answer is D, 14. This is because those bars are asking for absolute value, meaning you simply change any negative to a positive and give its value in general instead of as a negative or positive

Answer:

Step-by-step explanation:

First we find out the area of circle, and then subtract the area of triangle from it to find the area of the shaded region

Area of Circle

Here, r=radius

area of circle= π×r²

                     = π × 5²     (radius=half of diameter)

                     = 25π

                     = 78.54cm²

Area of Triangle

Here, b=base, h=height

area of triangle = [tex]\frac{1}{2\\}[/tex]×b×h

                          = [tex]\frac{1}{2}[/tex]×8×6

                          = 24cm²

Area of shaded region= area of circle - area of triangle

                                     = 78.54 - 24

                                     = 54.54

                                     ≈ 54.5cm² [Ans]

Answer:

-12

Step-by-step explanation:

f (x)=6x – 6

Let x= -1

f(-1) = 6(-1) -6

      = -6-6

     = -12

Answer:

10/35

Step-by-step explanation:

4*2.5=10

14*2.5=35

4/14=10/35

Answer:

B. 56° and 38°

Step-by-step explanation:

The sum of each of the two angles sums up to 90° ;

A.) 13° and 77°

Sum of A ; (13 + 77)° = 90°

B.) 56° + 38°

Sum = 56° + 38° = 94°

C) 37° and 53°

Sum = 37° + 53° = 90°

D.) 42° and 48°

Sum = 42° + 48° = 90°

Hence, the pair of degree measure which does not belong is B. 56° and 38°

Answer:

152.99 m

Step-by-step explanation:

Using the solution diagram attached below :

We can obtain the height, h of skyscraper to the position of her eye level using trigonometry ;

Tan θ = opposite / Adjacent

Tan 24 = h / 340

h = tan 24 * 340

h = 151.37775

Hence, the height will be (h + distance from eyelevel to ground)

151.37775 + 1.61

= 152.98775

= 152.99 m

Answer:

132.6 meters tall

Step-by-step explanation:

it gave me the answer

Answer:

4.605170185988091

Step-by-step explanation:

ln 100 = 4.605170185988091

e^4.605170185988091 = 100

Step-by-step explanation:

100=1 log 10(1)=0

I hope this is helpful for you

Answer:

2,165 + 2571 + 1,678 = 6,414

Step-by-step explanation:

We can say;

=> 2,165 + unknown number + 1,678 = 6,414

So let's add like terms first;

=> 3,843 + unknown number = 6,414

=> unknown number = 6,414 - 3,843

=> unknown number = 2571

Hope this helps!

Answer:

2571

Step-by-step explanation:

Let x be the blank.

2165 + x + 1678 = 6414

3843 + x = 6414 (combine like terms)

x = 2571

Answer:

10

Step-by-step explanation:

Triangles AYZ and XYZ are congrunt, therefore AZ = XZ = 10

Answer:

View the graph for a visual

Step-by-step explanation:

Answer:

Step-by-step explanation:

[tex]f(x)=xe^{\frac{x}{2} } \\f'(x)=x*\frac{1}{2} e^{\frac{x}{2} } +e^{\frac{x}{2} } =e^{\frac{x}{2} } (\frac{x}{2} +1)\\[/tex]

f'(x)=0, gives x=-2

we find f(x) at x=-3,-2,1

f(-3)=-3e^(-3/2)≈-0.67

f(-2)=-2e^(-2/2)=-2e^{-1}=-2/e≈-0.74

f(1)=1 e^(1/2)=√e≈1.65

Answer: 4374

Step-by-step explanation:

Answer:

22 ft²

Step-by-step explanation:

SA = 2(5 x 1) + 2 ( 5 x 1 ) + 2 (1x1)

SA = 20 + 2 = 22

If my answer is incorrect, pls correct me!

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-Chetan K