With a variable life insurance policy, the rate of return on the investment (the death benefit) varieS from year to year. A study of these variable return rates was published in a certain journal. A transformed ratio of the return rates (x) for two consecutive years was shown to have a normal distribution, with u 1.8 and o- 0.2. Use the standard normal table or statistical software to find complete parts a through c. a. P(1.6 1.7) P(X 1.7)- Round to three decimal places as needed.) frect: X More ? Enter your answer in the answer box and then click Check Arnswer Check Answer Clear Al 1 part remaining OK re to search

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Author:Amos Gilat
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With a variable life insurance policy, the rate of return on the investment (the death benefit) varieS from year to year. A study of these variable return rates was
published in a certain journal. A transformed ratio of the return rates (x) for two consecutive years was shown to have a normal distribution, with u 1.8 and o- 0.2. Use
the standard normal table or statistical software to find complete parts a through c.
a. P(1.6 <x 2.1)
P(1.6 x 2.1) 775 (Round to three decimal places as needed.)
b. P(x> 1.7)
P(X 1.7)- Round to three decimal places as needed.)
frect:
X
More
?
Enter your answer in the answer box and then click Check Arnswer
Check Answer
Clear Al
1
part
remaining
OK
re to search
Transcribed Image Text:With a variable life insurance policy, the rate of return on the investment (the death benefit) varieS from year to year. A study of these variable return rates was published in a certain journal. A transformed ratio of the return rates (x) for two consecutive years was shown to have a normal distribution, with u 1.8 and o- 0.2. Use the standard normal table or statistical software to find complete parts a through c. a. P(1.6 <x 2.1) P(1.6 x 2.1) 775 (Round to three decimal places as needed.) b. P(x> 1.7) P(X 1.7)- Round to three decimal places as needed.) frect: X More ? Enter your answer in the answer box and then click Check Arnswer Check Answer Clear Al 1 part remaining OK re to search
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