If the probability of an injury is 0.19, the cost of the injury is $11,415, the insurer's loading costs are $4,300, and the number of policies is 381, then in a competitive insurance market, each policy will cost $.

Q: In this round, the probability that his winnings will be around 30,000 to 50,000 pesos is While the…

A: In the first round, Shawn has to guess the item hidden in each of the 6 distinct bins. In every bin,…

Q: If n = 6 and n = 0.40, what is the probability that X > 1?

A: 4) Answer: Given n = 6 , p =0.40 Using binomial probability nCx x px (1-p)n-x  P(X>1) = 0.76672…

Q: The superintendent of a large school district, having once had a course in probability and…

A: We need to find the margin of error, MOE. MOE=zcritical valueλ^n From the given information,…

Q: How do you know if a probability is mutually exclusive or not?

A:

Q: Each of the two friends tosses an unbiased coin ten times. What is the probability that each one…

A: Let X be a random variable denotes the number of heads friend 1 receive.. X~Bin10,12 Calculate the…

Q: If X and Y are independent, then what is the probability of the event Y > 4X?

A: Iy is given that X follows U(0,1), then pdf of X is f(x) = 1, 0 < x < 1 And Y follows U(0,2)…

Q: At an electronics store, three types of tablets are sold. Company A's tablet is twice as likely to…

A: Given,   P(A) = 2 P(B) P(B) = P(C)   where, P(A) is the likelihood of sale of company's A tablet…

Q: (d) Suppose the left-turn lane is to have a capacity of five cars and one bus is equivalent to three…

A: Here given joint distribution table for x and y X = no of cars Y = no. Of buses

Q: if the probability of student succeeding in the exam for subject A is twice the probability of…

A:

Q: If the average number of visitors to a bank is six people per minute, then the probability of two…

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Q: If two events, A & B, are mutually exclusive, then the probability that both events would happen is?…

A: Ege

Q: All of the morning science classes are filled & Lisa has a decision to take either Mrs. James or…

A: Given information: Morning classes will be the periods 1, 2, 3, 4 and 5. Afternoon classes will be…

Q: 1. A person is known to hit the target in 3 out of 4 shots, whereas another person is known to hit…

A: Given: 1. 2. Single card is drawn from a pack of cards

Q: operator meets his production quota, what is the probability that he (or she) attended the program?…

A: here define events operator meet the production quota = M training attended by operator = T here…

Q: Toronto and New York City are demographically similar and there are about 3 million people in…

A: Here use poission process

Q: If the probability of winning a game is 40%, Then what is the probability of losing 5 games in a row…

A:

Q: James and Davis belong to the same basketball team.  After so many  3 – point attempts, James…

A:

Q: a restaurant serves a bowl of candies to their customers. the bowl of candies. The bowl of candies…

A: Hi! Thank you for the question, As per the honour code, we are allowed to answer three sub-parts at…

Q: If the odds against an event are a to​ b, then the probability that the event occurs is (answer…

A: The objective is to find the probability of event occurs, if odd against event are a to b.

Q: In remote jungle village the probability of a child contracting malaria is .45 the probability of…

A: GivenThe probability of a child contracting Malaria =P(Malaria)= 0.45The probability of a child…

Q: Given that the probability of a family owning a dog is 0.91, and the probability of a family owning…

A: Given Probability of owning dog=0.91 probability of owning dog and cat =0.15

Q: In a one-off Dungeons and Dragons campaign, Himo would like to be the team leader. The prob- ability…

A: Let us define some events A : Naname is the Dungeon Master. B : Baron is the Dungeon Master. E :…

Q: Solve the following problems: 25. The probability of a rifleman hitting the target is 5 Suppose he…

A:

Q: In what situations we can use probability in real life?

A: In real life, we can use probability for weather forecasting. We can gather data from the previous…

Q: oxnard petro limited is buying hurricane insurance for its off-coast oil drilling platform. During…

A:

Q: From past experience, Rebecca estimates that when she is on the college campus, the following…

A: GivenThe probability that Rebecca will study for her statistics exam is =65%P(Statistics)=0.65The…

Q: Oxnard Petro LTD is buying hurrican insurance for its off-coast oil drilling platform.  During the…

A: From the provided information, The probability of total loss of only above-water superstructure…

Q: If the probability of a person winning on a scratch-off lottery ticket is 0.016, the odds of winning…

A: Given: P(winning a scratch -off lottery ticket) = 0.016

Q: If the odds in favor of Chris winning the election are 6:5, then what is the probability that a)…

A: Since odd in favour = (number of favourable outcomes)/(number of unfavorable outcomes)

Q: If the probability of rain is 0.7​, the probability of fog is 0.25​, and the probability of rain…

A: For any two non-null events A and B, it is known that P[A ∪ B] = P[A]  + P[B] – P[A ∩ B].

Q: According to the classical definition of probability A All the outcomes are equally likely.

A: The classical probability method is known as the method that is used to measure the likelihood of an…

Q: Jack wants to take Deep Learning or Spanish, or both this semester. He is applying for enrolment.…

A: Given,P(getting into a Deep Learning course)=0.50P(getting into a Spanish course)=0.40and P(Getting…

Q: If the odds against winning a contest are 46 to 1, what is the probability of winning the contest?

A: Let A be the event of winning a contest. It is given that the odds against of event A is n:m=46:1.

Q: these three salesmen try to sell the product, find the probability of success of only one salesman…

A: here given ,  Three salesmen, A, B and C have been given a target of selling 10,000 units of a…

Q: If the probability of a person losing on a scratch-off lottery ticket is 0.955, the odds of losing…

A:

Q: The sum of the probabilities of all possible outcomes is a. b. 0>p>1 1 d. all above

A: Given problem Given that   The sum of the probabilities of all possible outcomes is 1 Option c. The…

Q: Having endured and survived the mental trauma that comes from taking two years of chemistry, a year…

A:

Q: What did the insurance company charge Charlie for this policy if the company expected to break even?

A: Here given Charlie buys a one-year term home insurance policy for $p, that will pay $200,000 in the…

Q: Luella has a bag with three Hershey Kisses, two Reese's Cups, five York Peppermint Patties, and a…

A: According to the given information, Number of Hershey kisses in the bag = 3 Number of Reese's Cups…

Q: A ski resort operator must decide before the winter season whether he will lease a snow-making…

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Q: An anthropologist wants to determine the probability that exactly 15 out of 25 ancient civilizations…

A: Let us assume X=the number of ancient civilizations that collapsed because of poor leadership…

Q: If two events, A & B, are mutually exclusive, then the probability that either event would happen…

A: Ans - Given, Two events ,A & B  are mutually exclusive  then the  probability that either event…

Q: If you flip a coin three times, the possible outcomes are HHH HHT HTH HTT THH THT TTH TTT. What is…

A: From the provided information, A coin is flip three times. Total outcomes = 23 = 8

Q: consider the situation below and solve the following problems. a restaurant serves a bowl of…

A: As per the bartlebly guideline for more than three subparts only first three are to be answered…

Q: If the probability of an event E is 2/3​, then the probability that E will not occur is

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Q: If you have a sample of 100 patients at a hospital and 20 of them have the flu, what is the…

A: Given data: The total numbers of patients are n=100. The numbers of patients who have flu are f=20.…

Q: When playing games of chance like roulette, people often say that a particular outcome is due,…

A: Given: In games like roulette, people often say that a particular outcome is "due" meaning that one…

Q: Problems #4: At a certain steakhouse, the probability a customer purchases a chicken dinner is 0.48…

A: