or the budget being sufficient?(c) We wish to calculate the expected profit to the insurance company for that yeamWhat's the profit to the company if no one dies? What is the probability of thisoccurring?(d) What's the profit to the company if 2 people die? What is the probability of thisoccurring?(e) Continue this strategy to find the expected profit to thefor that year.Problem 12. Find the expected number of infected ducks in a sample of 5 ducks if theprobability of an infected duck is o.3 and the ducks can be considered independent.company/22Activity DetailsF3F4F5F6F7F8$&678T5tA4

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Asked Nov 14, 2019
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Could you do Problem 12?

or the budget being sufficient?
(c) We wish to calculate the expected profit to the insurance company for that yeam
What's the profit to the company if no one dies? What is the probability of this
occurring?
(d) What's the profit to the company if 2 people die? What is the probability of this
occurring?
(e) Continue this strategy to find the expected profit to the
for that year.
Problem 12. Find the expected number of infected ducks in a sample of 5 ducks if the
probability of an infected duck is o.3 and the ducks can be considered independent.
company
/2
2
Activity Details
F3
F4
F5
F6
F7
F8
$
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6
7
8
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5
tA4
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or the budget being sufficient? (c) We wish to calculate the expected profit to the insurance company for that yeam What's the profit to the company if no one dies? What is the probability of this occurring? (d) What's the profit to the company if 2 people die? What is the probability of this occurring? (e) Continue this strategy to find the expected profit to the for that year. Problem 12. Find the expected number of infected ducks in a sample of 5 ducks if the probability of an infected duck is o.3 and the ducks can be considered independent. company /2 2 Activity Details F3 F4 F5 F6 F7 F8 $ & 6 7 8 T 5 tA4

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Expert Answer

Step 1

Binomial distribution:

The binomial distribution gives the probability of number of successes out of n trials in a series of Bernoulli trials....

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п piq x 0,1,.,0 p<l;q=1-p P(X x) otherwise 0, Е(X) - пр

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