An insurance company sells a $4,500, eight-year term life insurance policy to an individual for $335. Find the expected return for the company if the probability the individual will live for the next eight years is 0.97. (Round your answer to the nearest cent.)
Q: A bag contains ten pencils. Three of the pencils are red, and the rest are brown. If two pencils are...
A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If y...
Q: Suppose that Pr[A|B]=4/7, Pr[B|A]=8/13, and Pr[A′]=8/21. Find Pr[A∩B′].
A: The provided information is;
Q: Let x represent the dollar amount spent on supermarket impulse buying in a 10-minute (unplanned) sho...
A: Hello there! There are more than three subparts in the given question. According to our policies ca...
Q: Alabama Arkansas Louisianasoybeans (s) soybeans (s) soybeans (s) peanuts (p) rice (r) sugarcane (n)c...
A: Formula:The smallest possible set including all the elements of a number of sets (3, in this case) i...
Q: 9. A Gallup poll conducted May 2-7, 2013, by telephone interviews (both landlines and cellular phone...
A: Z score corresponsing to probability of 0.975 = 1.96
Q: A company is in the business of finding addresses of long-lost friends. The company claims to have a...
A: The distribution:The company claims to have 80% success rate. There are names of six friends for who...
Q: Diagnostic tests of medical conditions can have several types of results. The test result can be pos...
A: Note:Hey, since there are multiple subpart questions posted, we will answer first three subparts. If...
Q: Give the probability distribution and sketch the histogram. A class of 44 students took a 10-point q...
A: To derive the probability distribution and sketch the histogram from the given data
Q: You have a built a deep learning workstation. This PC is made of expensive components. The component...
A: As per the question,The computer fails if any of the components i.e power supply, motherboard cpu or...