You are given the following mortality rates for a certain type 0.04 for 0SxS 19, 1.04 0.09 for 20 SxS4 1.09 What is the complete expectation of life for a newborn eleph=

Q: D. Based on the ercent chance of

A: The event A and event B are the mutually exclusive events , they are not the dependent events which…

Q: A man wishes to purchase a life insurance policy that will pay the beneficiary $30,000 in the event…

A:

Q: A box contains one each of $1, $5, $10, $20, and $100 bills. It costs $19 to reach in and withdraw…

A: Given that probability of getting each bill is  =1/5  Now, The probability distribution for bills…

Q: Suppose you have an experiment where trials have a 20% chance of error, and you repeat the trial 8…

A: Introduction: A random variable is an unknown variable or a function that assigns values to each of…

Q: A man wishes to purchase a life insurance policy that will pay the beneficiary $25,000 in the event…

A: There is  92% percent chances that company will pay nothing and 8 % chances that company will pay…

Q: Suppose you have an experiment where trials have a 11% chance of error, and you repeat the trial 8…

A:

Q: In two years, what is your expected annual compensation from the mature company?  In two years,…

A: Compensation from mature company = $70,000 per year Compensation from start-up = $90,000 per year…

Q: QUESTION 10 Suppose there is a 0.371% chance that a certain age group will be in a car accident…

A: Suppose there is a 0.371% chance that a certain age group will be in a car accident requiring body…

Q: The probability that an 80-year-old male in the U.S. will die within one year is approximately…

A: The probability that an 80-year-old male in the U.S. will die within one year is approximately…

Q: A $500,000 term life insurance policy sell for a premium of $900.  If the probability of living…

A: The formula to find the expected value is given below:

Q: According to the U.S. Customs and BorderProtection Agency, the average airport wait time at…

A:

Q: The life expectancy in years of a component in a microcomputer is exponentially dis-tributed, and…

A:

Q: In a certain California city, projections for the next year are that there is a 20% chance that they…

A: We have to find expected value.

Q: Despite lecturing your roommates on energy conservation, there is a 50% chance that the lights in a…

A: Answer:----.                   Date:----9/10/2021

Q: A man wishes to purchase a life insurance policy that will pay the beneficiary $25,000 in the event…

A: It is given that he will live another year is 0.92 and the amount of gain is 25,000.

Q: Emily has $10000 to invest in Apple stock. In the next month, the stock has a 30% chance of gaining…

A: Total amount for investment = $10000.The probability distribution for the provided data is:

Q: A man wishes to purchase a life insurance policy that will pay the beneficiary $15,000 in the event…

A: From the given informationBeneficiary amount for life insurance policy=$15000Probability that the…

Q: What is the expected number of female offspring?

A: Given probability distribution of number of female offspring and we need to find expected number of…

Q: snip

A: In statistics, the sample size is always denoted by 'n'. The sample is a part of the population.…

Q: In a product liability​ case, a company can settle out of court for a loss of​ $350,000, or go to​…

A:

Q: Trips Logistics, a third-party logistics firm that provides warehousing and other logistics…

A: Given that Demand is =100,000 units The firm will require 1,000 square feet of space to store 1,000…

Q: According to the tables used by insurance companies, a 39-year old woman has a 0.163% chance of…

A:

Q: What is the probability​ that, during a 25​-year ​period, there will be two or more​ "Class D20​"…

A: From provided information, during a recent 30​-year period, there were eight volcanic eruptions…

Q: Phục loves investing but he does not like risky investment so he typically invests in low-risk…

A: Given :  P -> Index return is positive. N-> Index return as negative. The tpm of the Markov…

Q: The (simplified) probability of losing this bet is 10/19. If a player bets $12, find the player's…

A: Here, The probability of winning the bet is 9/19. The probability of losing the bet is 10/19. The…

Q: According to the Social Security Administration, in 2015, the probability that a 51 year old male…

A: Given information Probability of the 51-year old surviving the year = 0.994476Cost incurred by this…

Q: 2. If the time-dependent probability

A: Given that pN(t) satisfied the given differential equation

Q: If the rent for a renewing tenant is $25/sf and the rent for a new tenant is $28/sf, what is the…

A: Given that: Renewing tenant is $25 and a new tenant is $28. We have to calculate expected occupancy…

Q: How much should It charge for his premium in order to have an expectation of $0 for the policy.

A: Solution: Given: P(Death) = 0.00142 Insurance amount = $40,000 We have to find the expected payoff…

Q: Your mother said, if one grading period your grade in Engineering Data Analysis is90 and above, she…

A: GivenIf the grade is 90 and above the amount added to your allowance=50If the grade is between 80…

Q: the probability that a 28 year old male in the u.s. will die within one year is approximatley…

A: Given that the probability that 28-year-old male in the u.s. will die within one year is…

Q: Part 2: A website reports that 70% of its users are from outside a certain country. Out of their…

A: Let S denote the sample space of events X and F. then note that S =F U F and X=X ∩ S Then ,  X…

Q: Your mother said, if one grading period your grade in Engineering Data Analysis is 90 and above,…

A: GivenIf the grade is 90 and above the amount added to your allowance=50If the grade is between 80…

Q: An insurance policy sells for $1,000. Based on your past data, an average of 1 in 50 policyholders…

A: The expected value for the company per policy sold can be calculated using the following…

Q: Alexa is paid P20.00 whenever the results of tossing two coins are both heads but pays P10.00…

A: Given: Two coins are tossed. Winning amount for both heads is, W=P20.00. Losing amount for not both…

Q: An insurance policy sells for ​$1200. Based on past​ data, an average of 1 in 125 policyholders will…

A: Given that  An insurance policy sells for ​$1200. An average of 1 in 125 policyholders will file a…

Q: (a) Over the long term, what is your expected profit of playing the game?

A: Here given , Two dice are rolled in game And there are total outcomes possible on each die are 6 And…

Q: You are given the following excerpt from a life table, including mortality rates and expected value…

A: Given the excerpt from a life table, including mortality rates and expected of a 1 unit whole life…

Q: You manage a call center and your job is to make sure the employees aren’t slacking off when they…

A:

Q: Within the nexXt two years. An inexpensive suppressor, which would provide protection for only one…

A: here given, The owner of a small firm has just purchased a personal computer, which she expects will…

Q: A box contains one each of $1, $5, $10, $20, and $100 bills. It costs $25 to reach in and withdraw…

A: Solution: Given data: A box contains one each of $1, $5, $10, $20, and $100 bills.  It costs $25 to…

Q: that promises a profit of $37,000 with ap or a loss (due to lack of tourists, disinteres sters etc.)…

A: Given that the national park t-shirts is considering a sales that  promises a profit of $37000 with…

Q: The probability that an 80-year-old male in the U.S. will die within one year is approximately…

A:

Q: The probability that an 80-year-old male in the U.S. will die within one year is approximately…

A: It is given that probability that the an 80-year old male will die within one year is approximately,…

Q: An analyst attempting to predict a corporation’s earnings next year believes that the corporation’s…

A: Solution : Let us define the following events : A : Significant earning growth B : Higher growth in…

Q: Jet Blue is considering adding a route to the city of Minneapolis, MN. After considerable research,…

A: Note: Hi there! Thank you for posting the question. As there are several independent questions,…

Q: At age 50, Ann must choose between taking $18,000 at age 60 if she is alive then, or $32,000 at age…

A: Given The probability of a person aged 50 living to be 60 is 0.81The probability of a person aged 50…

Q: Despite lecturing your roommates on energy conservation, there is a 40% chance that the lights in a…

A: Obtain the expected amount of power used during the 30 days.   The expected amount of power used…

Q: If a raffle had a mathematical expectation of -$3.25, what would that mean?

A: The mathematical expectation value for the raffle is -$3.25.

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.