Suppose your friend has a lottery ticket that presents the following gamble: Win $91 with a probability p Lose $10 with a probability 1-p Also assume you think p = 0.6 Calculate your risk premium, if the most you are willing to pay to pay for the

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A: A sample of residents of Santa Monica were asked two questions, whether they had taken a course at…

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A: Sample space=S S = {HH, HT,TH, TT} Total number of sample space =4

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A: Given that ; N = 17   ( odd)  We use here the formula of quartiles to solve this problem.

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A: We have given that the probability density function is  f(x) = (x/18)-(1/36),      [3, 7]

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A: here use basic probability Rule

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Q: Brgy. Tangub vaccination center : 15, 15, 17, 19, 24, 26, 27, 28, 31, 32, 33, 36, 38, 39, 42, 5, 46,…

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Q: 3. Find rank correlation co-efficient and comment Marks in Mathematics (x): 60 70 50 40 80 90 85 96…

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Q: . Write your final answer in a complete sentence. 21- 25: Of 280 students, 193 are on the honor…

A: Given n(honor roll)=193, n(Varsity team)=137, n( honor roll and varsity)=65  n(Total)=280

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Q: Let X1, X2,..., X7 denote a random sample from a population having mean u and variance o.

A: question 2: Consider, VΘ^2=V2X1-X6+X42           =144VX1+VX6+VX4           =144σ2+σ2+σ2…

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