Answer:
D understand the problem.
Step-by-step explanation:
Answer:
gathering of resources is the main first thing .....
Avicenna, a major insurance company, offers five-year life insurance policies to -65 year-olds. If the holder of one of these policies dies before the age of 70 , the company must pay out $24,200 to the beneficiary of the policy. Executives at Avicenna are considering offering these policies for $573 each. Suppose that for each holder of a policy there is a 2% chance that they will die before the age of and 70 a 98% chance they will live to the age of 70.
Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
Paul owns a mobile wood-fired pizza oven operation. A couple of his clients complained about his dough at a recent catering, so he changed his dough to a newer product. Using the old dough, there were 6 complaints out of 385 pizzas. With the new dough, there were 16 complaints out of 340 pizzas. Let p 1 be the proportion of customer complaints with the old dough and p 2 be the proportion of customer complaints with the new dough. State the competing hypotheses to determine if the proportion of customer complaints using the old dough is less than the proportion of customer complaints using the new dough g
Answer:
[tex]z=\frac{0.0156-0.0471}{\sqrt{0.0303(1-0.0303)(\frac{1}{385}+\frac{1}{340})}}=-2.469[/tex]
Now we can calculate the p value with this probability:
[tex]p_v =P(Z<-2.469)= 0.0068[/tex]
Since the p value is a very low value and using any significance level 5% or 10% we have enough evidence to reject the null hypothesis and we can conclude that the true proportion of customer complaints using the old dough is less than the proportion of customer complaints using the new dough.
Step-by-step explanation:
Information provided
[tex]X_{1}=6[/tex] represent the complaints with the old dough
[tex]X_{2}=16[/tex] represent the complaints with the new dough
[tex]n_{1}=385[/tex] sample 1 selected
[tex]n_{2}=340[/tex] sample 2 selected
[tex]p_{1}=\frac{6}{385}=0.0156[/tex] represent the proportion of complaints with the old dough
[tex]p_{2}=\frac{16}{340}=0.0471[/tex] represent the proportion of complaints with the new dough
[tex]\hat p[/tex] represent the pooled estimate of p
z would represent the statistic
[tex]p_v[/tex] represent the value
Hypothesis to test
We want to verify if the proportion of customer complaints using the old dough is less than the proportion of customer complaints using the new dough, the system of hypothesis would be:
Null hypothesis:[tex]p_{1} \geq p_{2}[/tex]
Alternative hypothesis:[tex]p_{1} < p_{2}[/tex]
The statitsic is given by:
[tex]z=\frac{p_{1}-p_{2}}{\sqrt{\hat p (1-\hat p)(\frac{1}{n_{1}}+\frac{1}{n_{2}})}}[/tex] (1)
Where [tex]\hat p=\frac{X_{1}+X_{2}}{n_{1}+n_{2}}=\frac{6+16}{385+340}=0.0303[/tex]
Replacing the info provided we got:
[tex]z=\frac{0.0156-0.0471}{\sqrt{0.0303(1-0.0303)(\frac{1}{385}+\frac{1}{340})}}=-2.469[/tex]
Now we can calculate the p value with this probability:
[tex]p_v =P(Z<-2.469)= 0.0068[/tex]
Since the p value is a very low value and using any significance level 5% or 10% we have enough evidence to reject the null hypothesis and we can conclude that the true proportion of customer complaints using the old dough is less than the proportion of customer complaints using the new dough.
What is the area of the paraalllegram
Answer:24
Step-by-step explanation:
Height =4
Base=6
Area of parallelogram=base x height
Area of parallelogram=6 x 4
Area of parallelogram=24
A triangle is a parallelogram with all sides the same length.
Answer:
False
Step-by-step explanation:
a. Using the pairs of values for all 10 points, find the equation of the regression line. b. After removing the point with coordinates (2 comma 2 ), use the pairs of values for the remaining 9 points and find the equation of the regression line. c. Compare the results from parts (a) and (b). 0 2 4 6 8 10 0 2 4 6 8 10 x y A scatterplot has a horizontal x-scale from 0 to 10 in increments of 1 and vertical y-scale from 0 to 10 in increments of 1. Ten points are plotted with nine points, (5, 5), (6, 5), (7, 5), (5, 6), (6, 6), (6, 6), (7, 6), (5, 7), (6, 7), and (7, 7), forming a square and the tenth point (2, 2) being below and to the left of the square. a. What is the equation of the regression line for all 10 points? ModifyingAbove y with caretequals 1.647plus 0.706x (Round to three decimal places as needed.) b. What is the equation of the regression line for the set of 9 points? ModifyingAbove y with caretequals 6 (Round to three decimal places as needed.) c. Choose the correct description of the results below. A. The removal of the point has a significant impact on the regression line. B. The regression line changes, but the change is small. C. There is no regression line for the second case because the data are in a pattern. D. The regression line is very similar in both cases.
Answer:B. The regression line changes, but the change is small. C. There is no regression line for the second case because the data are in a pattern. D. The regression line is very similar in both cases.
Step-by-step explanation:
In a recent poll, 30 percent of adults said they wanted to "cut down or be free of gluten," according to The NDP Group, the market-research company that conducted the poll. A researcher wonders if a smaller proportion of students at her university would respond in the same fashion. Suppose the researcher conducts a survey of a random sample of 25 students at her university and five of them say they want to at least reduce gluten. A statistician carries out a significance test of the null hypothesis that the proportion wanting to reduce gluten at the university is the same as for all adults versus the alternative hypothesis that a smaller proportion p of students would say they want to reduce or be free of gluten. What is the value of the standardized test statistic for this significance test? A) – 0.100 B) – 1.250 C) 0.200 D) – 1.091
Answer:
The value of the standardized test statistic for this significance test is -1.25.
Step-by-step explanation:
We are given that in a recent poll, 30 percent of adults said they wanted to "cut down or be free of gluten".
The researcher conducts a survey of a random sample of 25 students at her university and five of them say they want to at least reduce gluten.
Let p = population proportion of students wanting to reduce gluten at the university.
So, Null Hypothesis, [tex]H_0[/tex] : p = 30% {means that the proportion wanting to reduce gluten at the university is the same as for all adults}
Alternate Hypothesis, [tex]H_A[/tex] : p < 30% {means that a smaller proportion of students would say they want to reduce or be free of gluten}
The test statistics that would be used here One-sample z test for proportions;
T.S. = [tex]\frac{\hat p-p}{\sqrt\frac{\hat p(1-\hat p)}{n} {} }[/tex] ~ N(0,1)
where, [tex]\hat p[/tex] = sample proportion of students who would say they want to reduce or be free of gluten = [tex]\frac{5}{25}[/tex] = 0.20
n = sample of students taken = 25
So, the test statistics = [tex]\frac{0.20-0.30}{\sqrt\frac{0.20(1-0.20)}{25} {} }[/tex]
= -1.25
The value of standardized z test statistic is -1.25.
Using the z-distribution, it is found that the value of the standardized test statistic for this significance test is:
D) –1.091
At the null hypothesis, we test if the proportion is of 0.3, that is:
[tex]H_0: p = 0.3[/tex]
At the alternative hypothesis, we test if the proportion is of less than 0.3, that is:
[tex]H_1: p < 0.3[/tex]
The test statistic is given by:
[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1-p)}{n}}}[/tex]
In which:
[tex]\overline{p}[/tex] is the sample proportion.p is the proportion tested at the null hypothesis.n is the sample size.For this problem, the parameters are:
[tex]p = 0.3, n = 25, \overline{p} = \frac{5}{25} = 0.2[/tex]
Hence, the value of the test statistic is:
[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1-p)}{n}}}[/tex]
[tex]z = \frac{0.2 - 0.3}{\sqrt{\frac{0.3(0.7)}{25}}}[/tex]
[tex]z = -1.091[/tex]
A similar problem is given at https://brainly.com/question/24166849
What’s the correct answer for this?
Answer:
AB=21 miles
Step-by-step explanation:
Since it's a right angles triangle, we'll use Pythagoras theorem
HYPOTENUSE ²= base² + perpendicular ²
Where hyp=AB, base=16 and perp=13
AB²=16²+13²
AB²=256+169
AB²=425
Taking sq root.
AB=20.6 miles
AB≈21 miles
Of all the Sunny Club members in a particular city, 25% prefer swimming on weekends and 75% prefer swimming on weekdays. It is found that 20% of the members in that city prefer swimming on weekends and are female, while 55% of the members in that city prefer swimming on weekdays and are female.
The probability that a club member picked randomly is female, given that the person prefers swimming on weekends, is_____.
P = Desired outcomes divided by the total outcomesm me
Answer:
The probability that a club member picked randomly is female, given that the person prefers swimming on weekends, is 0.8 = 80%.
Step-by-step explanation:
We use the conditional probability formula to solve this question. It is
[tex]P(B|A) = \frac{P(A \cap B)}{P(A)}[/tex]
In which
P(B|A) is the probability of event B happening, given that A happened.
[tex]P(A \cap B)[/tex] is the probability of both A and B happening.
P(A) is the probability of A happening.
In this question:
Event A: Prefers swimming on weekends.
Event B: Being female.
25% prefer swimming on weekends
This means that [tex]P(A) = 0.25[/tex]
It is found that 20% of the members in that city prefer swimming on weekends and are female
This means that [tex]P(A \cap B) = 0.2[/tex]
So
[tex]P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.2}{0.25} = 0.8[/tex]
The probability that a club member picked randomly is female, given that the person prefers swimming on weekends, is 0.8 = 80%.
Jonathan borrowed $475 at a simple annual interest rate of 2%. How many years will it take him to repay the loan if he wants to pay $38 in interest?
Answer:
Ummmm 2 I think
Step-by-step explanation:
Answer:
4
Step-by-step explanation:
After seeing countless commercials claiming one can get cheaper car insurance from an online company, a local insurance agent was concerned that he might lose some customers. To investigate, he randomly selected profiles for 10 of his clients and checked online price quotes for their policies. Then, based on paired data on the 10 clients (the price he offered them and the corresponding online quote) and using Excel’s t-test for paired data, he obtained t-statistic = 0.709 p-value = 0.248 Note that the above is based on the difference between his price and online quotes.
What are the null and alternative hypotheses, respectively?
Answer:
Null Hypothesis, [tex]H_0[/tex] : [tex]\mu_d[/tex] = 0
Alternate Hypothesis, [tex]\mu_d\neq[/tex] 0
Step-by-step explanation:
We are given that a local insurance agent randomly selected profiles for 10 of his clients and checked online price quotes for their policies.
Then, based on paired data on the 10 clients (the price he offered them and the corresponding online quote), he obtained t-statistic = 0.709 p-value = 0.248.
Here , we will use the concept of Paired data test statistics because the prices that the local insurance agent offered and the corresponding online quotes are from the same single data. These information has not been taken from the two independent samples.
So, Null Hypothesis, [tex]H_0[/tex] : [tex]\mu_d[/tex] = 0
Alternate Hypothesis, [tex]\mu_d\neq[/tex] 0
Here, null hypothesis states that there is no difference between the price he offered them and the corresponding online quote.
On the other hand, alternate hypothesis states that there is difference between the price he offered them and the corresponding online quote.
Hence, this would be the correct null and alternative hypothesis.
Given the set of integers one through 12 what is the probability choosing an odd number or a number greater than nine
Answer:
1/4
Step-by-step explanation:
the numbers greater than nine are: 10,11,12
1,3,5,7,9
So that is nine numbers
9/12 can be simplified to 3/4 if you divide by 3
if you like my answer please give me the brainliest. I'm trying to boost my rank and I'm really close
Carla Ridley is a high school algebra teacher. Her annual salary is $38,625.00. If she receives a pay check every month of the year, what is her monthly salary?
Answer:
3218.75 a month
Step-by-step explanation:
There are 5 slices of pepperoni pizza, 1 slice of sausage pizzá, and 3 slices of cheese pizza left at the pizza party. Without looking, Amy took a slice of pizza, ate it, and then took another slice. What is the probability of Amy eating two slices of cheese pizza?
Answer:
3/8
Step-by-step explanation:
add 5+1+3=9
and there is 3 cheese pizza so its 3 over 8.
Answer:
3/9
Step-by-step explanation:
a semitruck has 18 wheels. the semitruck has 3 times as many wheels than a garbage truck.how many wheels does a garbage truck have? need by 11;00 am
Answer:
The answer is the garbage truck had 6 wheels
Step-by-step explanation:
Since the semitruck has 18 wheels and the semitruck had 3 times more wheels than a garbage truck all you would have to do is divide 18 by 3 and you will get 6 as your answer.
Hope this helps, its my first time answering.
The diagram shows a logo made from three circles
Answer:
3cm+2cm+5cm=10cm
%=100
10*10=100
2cm*10=20%
Step-by-step explanation:
the shaded area is width of 2 2/10 or 20/100
Answer:
33%
Step-by-step explanation:
for if u want to do it 4cm then
4+3+3=10
100π cm^2
49π cm^2
16π cm^2
49π - 16π = 33π
33/100 =33%
is 1 1/12 more than 1 1/3 ?
The amounts of money Gillian earned each week from babysitting are $5, 10, $20, $10, $15, $5, $42, $5. How is the mean of the data set affected when the outlier is removed?
Answer:
The mean will increase, after the outlier is removed.
Help!.!.!.!.!.!.!.!.!.!.!.!.!.!!.!.!.!.!.!.!.!.!.!.
Answer:
~ 0.375 centimeters of the snowflake in real life ~
Step-by-step explanation:
Let us plan out our steps, and solve for each:
1. Given the information, let us create a proportionality as such:
48 = 1 ⇒ x - centimeters of the snowflake in real life
18 x
2. Now let us cross multiply, and solve through simple algebra for x:
48 * x = 18,
x = 0.375 centimeters of the snowflake in real ife
A recent article in the paper claims that government ethics are at an all-time low. Reporting on a recent sample,
the paper claims that 43% of all constituents believe their representative possesses low ethical standards.
Suppose 20 of a representative's constituents are randomly and independently sampled. Assuming the paper's
claim is correct, find the probability that more than eight but fewer than 12 of the 20 constituents sampled believe
their representative possesses low ethical standards. Round to six decimal places.
A. 0.273335
B. 0.734089
C. 0.417890
D. 0.646919
Answer:
Probability that more than eight but fewer than 12 of the 20 constituents sampled believe their representative possesses low ethical standards is 0.417890.
Step-by-step explanation:
We are given that the paper claims that 43% of all constituents believe their representative possesses low ethical standards.
Suppose 20 of a representative's constituents are randomly and independently sampled.
The above situation can be represented through binomial distribution;
[tex]P(X=r) = \binom{n}{r} \times p^{r} \times (1-p)^{n-r} ; x = 0,1,2,3,.....[/tex]
where, n = number of trials (samples) taken = 20 constituents
r = number of success = more than eight but fewer than 12
p = probability of success which in our question is probability that
all constituents believe their representative possesses low
ethical standards, i.e; p = 43%
Let X = Number of constituents who believe their representative possesses low ethical standards
So, X ~ Binom(n = 20 , p = 0.43)
Now, Probability that more than eight but fewer than 12 of the 20 constituents sampled believe their representative possesses low ethical standards is given by = P(8 < X < 12)
P(8 < X < 12) = P(X = 9) + P(X = 10) + P(X = 11)
= [tex]\binom{20}{9} \times 0.43^{9} \times (1-0.43)^{20-9}+ \binom{20}{10} \times 0.43^{10} \times (1-0.43)^{20-10}+\binom{20}{11} \times 0.43^{11} \times (1-0.43)^{20-11}[/tex]
= [tex]167960 \times 0.43^{9} \times 0.57^{11}+ 184756 \times 0.43^{10} \times 0.57^{10}+167960 \times 0.43^{11} \times 0.57^{9}[/tex]
= 0.417890
Hence, the required probability is 0.417890.
The probability that more than eight but fewer than 12 of the 20 constituents sampled believe their representative possesses low ethical standards is; C. 0.417890
How to calculate binomial probabilities?
We are given;
proportion; p = 43% = 0.43
sample size; n = 20
P(X = x) = ⁿCₓ * pˣ * (1 - p)ⁿ ⁻ ˣ
Thus the probability that more than eight but fewer than 12 of the 20 constituents sampled believe their representative possesses low ethical standards is;
P(8 < X < 12) = P(X = 9) + P(X = 10) + P(X = 11)
From online binomial probability calculator, we have;
P(8 < X < 12) = 0.17419889 + 0.14455452 + 0.09913627
P(8 < X < 12) = 0.417890
Read more about binomial probability at; https://brainly.com/question/15246027
ashley spent $7.14 at one store and $5,24 at another store. how much money did she spend total at the two stores?
Answer:
$12.38
Step-by-step explanation:
What is the area of the rhombus 10in and 5in
Answer:25 in^2
Step-by-step explanation:
d1=10 d2=5
area of rhombus=( d1 x d2)/2
Area of rhombus=(10x5)/2
area of rhombus=50/2
Area of rhombus=25 in^2
PLEASE HELP SOLVE FOR ‘X’!!!
Answer:
x= 10
Step-by-step explanation:
1/5 x -2/3 = 4/3
Add 2/3 to each side
1/5x -2/3 +2/3 = 4/3 +2/3
1/5x = 6/3
1/5x = 2
Multiply each side by 5
1/5x * 5 = 2*5
x = 10
x^2 + (y-7)=16 what is the radius and what’s the center
Answer:
Rewrite in standard form to find the center
( h , k ) and radius r .
Center: ( 0 , 2 ) Radius: 4
Step-by-step explanation:
Answer:
Rewrite in standard form to find the center
( h , k ) and radius r .
Center: ( 0 , 2 ) Radius: 4
Lol hope this helps
Step-by-step explanation:
Can someone plz help....!.!.!.!.!!.!.!.!.
Answer:
~ x = 12 centimeters of the route on map ~
Step-by-step explanation:
Let us plan out our steps, and solve for each:
1. We can see that we have to determine the cm of the route on the map, so let us convert the 1.8 kilometers ⇒ centimeters:
1.8 km = 180,000 cm
2. Given the information, let us create a proportionality as such:
1 = 15,000 ⇒ x - centimeters of the route on the map
x 180,000
3. Now let us cross multiply, and solve through simple algebra for x:
15,000 * x = 180,000,
x = 12 centimeters of the route on map
Th The radius of a circle is 7 feet what is the circles?Use 3.14 for pie?
Please help due in 30 min!!!!!!
100 points
Answer:
43.96
Step-by-step explanation:
ok so you use the formula: A= 3.14•r•2 next you plug in your values a=3.14•7•2 3.14•7= 28.98•2=43.96
Answer:
43.96
im dying on the question before that one it says "What issues are you having when it comes to area and circumference" you typed nothing really and here you are asking us whats the circles area lol
Step-by-step explanation:
Mariska was comparing her options for investment. One choice she was looking at showed that her principal of $1,875 over 10 years would
earn $1,125 in interest giving her a total of $3,000 at the end of the investment period. What interest rate is being used to calculate this
Investment?
If a shirt costs $40 and the amount of tax collected was $2 what is the sales tax rate?
Answer:
5%
Step-by-step explanation:
To find the tax, we take the price times the tax rate
2 = 40* rate
Divide each side by 40
2/40 =rate
.05 = rate
Changing to percent form
5% = rate
Answer:
tax rate = 2 / 40 = 1 /20 = 0.05 *100 = 5%
Step-by-step explanation:
What is the value of a in the equation below? 2a + 3 = 4a + 5
Please show work :)
The revenue for a business, as a function of units produced, x, is shown below by R(x). C(x) represents the cost of producing x units. Calculate the profit function and then determine how many units must be produced for the business to make a profit of $1220.
Did you ever figure this out. I need the answer for a test.
The triangles are congruent by SSS or HL
Answer:
True? What are you asking
Step-by-step explanation:
But yes triangles are congruent by either of those
Answer:
you're not really asking anything, or is this a true/false statement
Step-by-step explanation: