The cost of car insurance is OR 40 per year. The policy of the company is to stop the insurance of a car when it is involved in the third traffic accident. In each year, a car is involved in at least one traffic accident with probability 0.10. If the driver is involved in one or more accident he pays OR 50. Find the expected cost paid by driver until the company stops his insurance. Select one: O a. 270 Ob. 1350 O c. 108 O d. 90

Q: A used-car dealer gets complaints about his cars as shown in the table. Number of complaints per day…

A: Given that, x 0 1 2 3 4 5 6 P(x) 0.01 0.06 0.19 0.26 0.28 0.14 0.06

Q: In a certain year, 27.1% of all light vehicles were light trucks, 27.1% were SUVs, and 45.8% were…

A: Let L denotes light truck, S denotes SUV, C denotes Car and A denotes accident.

Q: Suppose you manage the demand for a towing company in Little Rock, Arkansas. On a usual day your…

A: Here Given Company gets five request Per day So Here we can Use Poisson distribution

Q: A survey asked subjects whether they are a member of an environmental group and whether they would…

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

Q: The lifespan of a car battery is normally distributed with u = 5 years and o = 1.2 years. What is…

A: to find the probability using standard normal distribution.

Q: Q3 Projected 2017 Investment 0.34 Actual 2007 Investment 0.31 Biofuels Wind 0.40 0.32 Solar 0.27…

A:

Q: A survey asking mobile phone users how long they would wait for a page to load found the following…

A:

Q: - The average number of matches where the football matches of the Galatasaray football team were…

A: See the hand written solution

Q: The manager of a video store has compiled the following table, which gives the probabilities that a…

A:

Q: A local bottling company has determined the number of machine breakdowns per month and their…

A:

Q: nas a 40% chance to make the deal at the second appointment, from which, if successful, he can make…

A:

Q: Jenny owns a home in a heavily wooded area. If there is a 1-in-25 chance of fire in the area, what…

A: Given that, Jenny owns a home in a heavily wooded area. If there is a 1-in-25 chance of fire in the…

Q: Robert bought a $5 lottery ticket such that 1 in 100 would win $10, 1 in 1000 would win $100, and 1…

A: Given that, Robert bought a $5 lottery ticket such that 1 in 100 would win $10, 1 in 1000 would win…

Q: Choose an American household at random and ask how many televisions that household owns. Here ar the…

A:

Q: Delta Airlines quotes a flight time of 2 hours, 5 minutes for its flights from Cincinnati to Tampa.…

A: Solution

Q: In a certain animal species, the probability that a healthy adult female will have no offspring in a…

A: We first make a table using the given info Number of offspring (X)  Probability (p) 0 0.26 1…

Q: Through a telephone survey , a low interest bank credit card is offered to 400 households. The…

A: any specific question to be answered then please submit that question only or specify the question…

Q: At age 50, Ann must choose between taking $20,000 at age 60 if she is alive then, or $32,000 at age…

A:

Q: A deck of cards is used, determine the theoretical probability of each: (Show ALL supporting work)…

A: We cam find all the three answers as below

Q: Rhett owns a cupcake bakery and is analyzing his sales of cupcake delivery orders. Based on his…

A: Solution

Q: d. What is the probability that a communication will be a newspaper coupon for the diet product? e.…

A: 1. d. The probability that a communication will be a newspaper coupon for the diet product is,…

Q: The following data show the probabilities for the number of cars sold in a given day at Alex's car…

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

Q: Suppose that a lottery has the following odds: Amount Won Probability of Winning 0 3/5 2 1/5 5 1/10…

A:

Q: In bidding for a remodeling project, a carpenter determines that he will have a net profit of $5000…

A:

Q: If the probability of giving birth to a boy is 0.52, what is the approximate probability of giving…

A: Given that, Probability of giving birth to a boy is 0.52 I.e.  P(B)= 0.52

Q: a. Of two customers selected, what is the probability that both will be on a business trip? (Round…

A: Solution: a) The probability that two selected customers will be on business trip = (28/62) *…

Q: A balanced die is rolled until the same result appears twice. If this takes place in less than 6…

A: The theory of probability has its origin in the seventeenth century. The king of France,…

Q: In a data set of 10,000 users, 800 users watched the movie Harry Potter; 600 users watched the movie…

A:

Q: The demand for a product of Carolina Industries varies greatly from month to month. The probability…

A: Given, The probability distribution for the demand, Unit Demand Probability 300 0.15 400 0.30…

Q: d. What is the probability that her trip will take exactly 50 minutes?

A: here given ,  The time it takes for Anna to travel between her home and her job is uniformly…

Q: Here is the probability model for the blood type of a randomly chosen person in the United States.…

A: Given Information: Blood type O A B AB Total Probability 0.45 0.18 0.05 0.32 1 To find the…

Q: a certain animal species, the probability that a healthy adult female will have no offspring in a…

A:

Q: A salesperson has found that the probability of a sale on a single contact is approximately 0.03. If…

A: Ans : The probability that a sales person sales on a single contact is 0.03 .  Let p be the…

Q: The chart below summarizes data related to the number of cars stopped for speeding on Route 195. The…

A:

Q: Rhett owns a cupcake bakery and is analyzing his sales of cupcake delivery orders. Based on his…

A: Given: X is the number of boxes purchased by a single customer in a single day. The distribution of…

Q: Suppose an individual plays a gambling game where it is possible to lose $1.00, break even, win…

A: From the provided information, The mean of the outcome can be obtained as:

Q: At a company, the employees were surveyed and classified according to their level of education and…

A:

Q: Here is the probability model for the blood type of a randomly chosen person in the United States.…

A: In question, We have given a probability model for the blood type of a randomly choosen person in…

Q: A firm uses trend projection and seasonal factors to simulate sales for a given time period. It…

A: Given: The simulator output of a firm that uses trend projection and seasonal factors to simulate…

Q: During the economic downturn caused by the ongoing pandemic, a last semester student goes to career…

A: Hey there! Thank you for posting the question.  Since you have posted a question with multiple…

Q: A manufacturer of cotter pins knows that 5 percent of his product is defective. If he sellseotter…

A: A binomial distribution is used when there are n number of independent trials with equal probability…

Q: In a certain school, the probabilities of the number of students who are reported tardy are shown in…

A: We want to find expected number of tardies.

Q: Thirty six percent of all assembly line mechanical robots are claimed for services by the…

A: Total number of Mechanical robots ordered by the company = 15 If 36% of the total robots to be sent…

Q: At a​ raffle, 10,000 tickets are sold at​ $5 each for three prizes valued at​ $4,800, $1,200, and​…

A:

Q: Michael is given 5 wads of paper to shoot into the basket, with a 90% accuracy rate. What is the…

A: We have to find probability that Michael will be successful with at least 4 of those shots

Q: On the average the traffic pattern at an intersection is as follows: • Twice as many cars go through…

A: Let us assume  The number of cars= c The number of vans= v The number of bicycles= b The number of…

Q: An unreliable company produces a large shipment of blenders where 13% have a defective motor, and…

A: It is given that, 13% of blenders have a defective motor, 25% have a defective electrical cord and…

Q: During the 1971-72 season, the Los Angeles Lakers won 69 games and lost 13. Assuming that the…

A:

Q: Teen 16% 0.15 Young adult Midlife 8% 0.08 45% 0.04 Senior 31% 0.05 Given that a driver has been…

A: Given that a driver has been involved in at least one collision in the past year, the probability…

Q: A survey asking mobile phone users how long they would wait for a page to load found the following…

A: Recall that the probability of an event is a real number such that it is not less than 0 and not…

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.