An auto insurance company determines the probability of a car accident is about 2% and that, if an accident occurs, the average pay off amount is $3500. How much should the car insurance company charge per policy so that it's expected value per policy is $400?

Q: A home pregnancy test was given to women, then pregnancy was verified through blood tests. The…

A: Event which happen based on the other events which already happen is known as condition event. It…

Q: Groups of adults are randomly selected and arranged in groups of three. The random variable x is the…

A: x p(x) x*p(x) x2*p(x) 0 0.362 0 0 1 0.426 0.426 0.426 2 0.189 0.378 0.756 3 0.023 0.0069…

Q: Multipule choice exam: a student takes a 21 question multipule choice exam with four choices for…

A: n=21, p=probability of correct choice x=9

Q: Heights (cm) of a random sample of students at a small Midwestern college: 183 154 170 189 187 176…

A: From the given information we find the solution.

Q: (a) Find the MLE of 0. (b) Find the MLE of Po(X > 1). (c) Prove that the MLE you find in (b) is a…

A:

Q: Based on this five number summary, are there any outliers in the data? No outliers at least one…

A:

Q: Prove each of the following statements: a) the sum of stopping times is a stopping time b)…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: The skewness will be positive O Median > Mean O Mode > Mean O Median > Mode

A: It is given that the statement about to the skewness. Here, need to find out the correct choice for…

Q: 3. Let X and Y be two random variables with and fy(y) = 10, fxy(x|y) = 2/3, if 0 ≤ y ≤1 otherwise,…

A: Given information: fy=53y23, 0≤y≤1fx|y=ye-yx, x≥0 Consider, fx,y=fx|y*fy         =ye-yx*53y23…

Q: Hospitals typically require backup generators to provide electricity in the event of a power outage.…

A: Given info: The emergency backup generators fail 41% of the times when they are needed.

Q: do you have the rest of the answers

A: Solution: Given information: n= 8 Sample size x= 6.68 psi Sample mean s=0.75 psi  Sample standard…

Q: Ahmed receives a weekly salary of $250, plus an additional $300 for each car sold. Find the mean and…

A: Salary=250 and 300 additional for each car sold. Salary = 250 + x*300  x = number of car sold

Q: Groups of adults are randomly selected and arranged in groups of three. The random variable x is the…

A: Suppose, the random variable x defines the number in the group who say that they would feel…

Q: he life X (in years) of a voltage regulator of a car has the pdf f(x) = cx²e (²)³, x>0 a) Find c.…

A: Please note that as per our guidelines if multiple questions are posted we can answer the first…

Q: There are 13 Women and 10 men. Five are chosen at random to attend a class. What is the probability…

A: Given that  There are 13 Women and 10 men. 10 men +13( women)=23  5 chose

Q: What's the probability of getting exactly two heads in three coin tosses? A.1/8 B.1/4 C.1/2…

A: given data ,here we have to find out the probabiltty of  getting two heads  in three  tossestotal…

Q: You are choosing 5 balls from a vase. In the vase there are 10 green balls, 2 blue balls, 6 red…

A: Given that  Total balls = 10 + 2 + 6 + 7 = 25 Green balls = 10 , Blue balls = 2 , Red balls = 6…

Q: 2. A fair die is successively rolled. Let X and Y denote, respectively, the number of rolls…

A: GivenX is the number of rolls for the first 6 Y is the number of rolls for the first 5. The possible…

Q: TEN ENGINEERING STUDENTS HAVE THE FF. HEIGHTS (IN FT): 6.2 4.8 4.9 5.2 5.11 DETERMINE THEIR MODAL…

A: The value that occurs most frequently in a dataset is called the modal value or mode of a dataset. A…

Q: he annual rainfall (in inches) in a c = 40 and σ = 4. What is the probabi o= wer 10 years before a…

A: Note: Questions 5 and 6  are two different questions. As per the answering guidelines I have to…

Q: person draws 3 cards without replacement from a standard​ 52-card deck. Find the probability of…

A: drawn 3 cards without replacement from a standard 52 card deck.  P(exactly 2 black cards) = ?

Q: Create a box plot

A: Draw the boxplot using MINITAB. MINITAB Procedure: Step 1: Choose Graph >Boxplot or Stat > EDA…

Q: During its grand opening week, Stickler's bicycle shop offers a "wheel of discount savings." (This…

A:

Q: Suppose that the average number of grams of fat consumed in a day for the sample of 9 adults is 77…

A:

Q: For now, we will assume three different values for P(A), and your job is to calculate, using Bayes'…

A: As per our guidelines I can solve only first three subparts. Kindly post the remaining subparts…

Q: Let P be a probability on R. Prove that for every e > 0 there is a compact set K such that P(K) > 1…

A:

Q: Assume that a procedure yields a binomial distribution with a trial repeated n=20n=20 times. Find…

A: Given that n= 20 , p = 19/60 , x = 11 Using the binomial distribution

Q: Q#3: Let X and Y have the joint p.d.f described as follows (x, y) f(x,y) (1.1) 2 15 (1.2) 4 15 (1.3)…

A: From the given information, the joint probability mass function of x and y is displayed below.…

Q: Scores on an endurance test for cardiac patients are normally distributed with m = 185 and s = 5.…

A: GivenMean(m)=185standard deviation(s)=5

Q: A single die is rolled, Let A be the event of getting an even number, and B be the event of getting…

A: Let "A" be the event of getting an even numberLet "B" be the event of getting a number less than or…

Q: We know that Jenny has a 70% chance to be active in 2020, and the yearly retention rate is 90%…

A:

Q: 4. Art works as a clown on weekends. He has 3 different colored shirts: yellow, green, and red. He…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: T 3. You have a bag of 100 marbles, and it contains 6 different types of marbles. You decide you…

A:

Q: Here are the winning margins for the first 41 Super Bowl games. Construct a well labeled boxplot.…

A: Given data…

Q: I have the following hypothesis: Null Hypothesis: The average height of men is 170 cm. Alternative…

A:

Q: Let the mutually independent random variables X1, X2, and X3 be N(0, 1), N(2, 1), and N(−1, 1),…

A:

Q: A bag contains 1 gold marbles, 10 silver marbles, and 28 black marbles. Someone offers to play this…

A: It is given that  Gold marbles = 1 Silver marbles = 10 Black marbles = 28 Total marbles = 39

Q: When returns from a project can be assumed to be normally distributed, such as those shown in Figure…

A: Given: Project A has an expected value of $35,000 and a standard deviation of $7000 About 68.26% of…

Q: Given P(E or F) =0.65 , P(E) = 0.42 and P(EandF) = 0.02 , what is P(F) ?

A: We have given that P(E or F) = 0.65 P(E) = 0.42 P(E and F) = 0.02 We have to find P(F) ?

Q: Binomial Probability - Suppose you flip a fair coin 4 times. What is the probability of getting…

A: Method:  Using Binomial probability distribution to find probability. Given that,  n = 4,     p =…

Q: Quattara 2. The mgf of X is given by Zet 1 - ' et ' (a) Pr(X = 5) (b) Pr(X>7X > 4) (c) E (3X) (a) Mx…

A: Objective has to find  (a) P(X=5), (B) P(X>7|X>4)=? (c) E(3x)=?

Q: A card is drawn randomly from a standard 52-card deck. Find the probability of the given event. Give…

A: Given data: A card is drawn randomly from a standard 52-card deck. To Find The probability of the…

Q: The following table presents the average points scored per game (PTSG) for the 30 NBA teams in the…

A: Given PPG :…

Q: The following table shows the ethnic origins of two random samples of students from a Canadian…

A: Please note that as per our guidelines I have answered the first two questions. Please repost the…

Q: 23) You pick a card at random. Without putting the first card back, you pick a second card at…

A: GIVEN DATA,here you pick a card at random without putting the first card back, you pick a second…

Q: H.W3: A fair dice is thrown; find the amount of information gained if you are told that no. 4 will…

A: Given problem Given that   A fair dice is thrown.  We have to find the amount of information…

Q: Compute the marginal distributions p(y). Notes: Marginal probabilities are the building blocks for…

A: It is given that the bivariate distribution p(x, y) of two discrete random variables X and Y.

Q: 3. Suppose X is N(µ, σ²). (a) Use the tables to approximate P{X ot} ≈ 0.05? (By not using the…

A: X~N(μ,σ2)

Q: or their final project, a group of AP Statistics students investigated their belief that female's…

A: Steps of Five-Number Summary for male

Q: 2. Suppose it is claimed that amongst the population of STM1001 students, the number of items bought…

A: given data ,normal distributionμ=20σ2=25n=61here we have to find out the value of mean and standard…