Losses are modeled by exponential distribution. The full credibility standard is for the actual loss to be within 5% of the expected loss with probability 95%. Determine the full credibility standard.

Q: The following s alternatives are being valuated by the incremental BC analyss BC Do- Nothing O So…

A:

Q: 1) How many percent of a normal distribution curve falls within 2 standard deviation from the mean?…

A: It is given that the normal curve falls within 2 standard deviations from the mean.

Q: five different history books are to be arranged in a shelf. In how many ways can these books be…

A: Given,no.of math books=4no.of economics books=3no.of history books=5

Q: For each of the following, shade the normal curve and find the percentage of that shaded part. (Show…

A: As per guideline expert have to answer first three subparts only.

Q: Example 3. A survey company investigated 800 car owners and found, 65- owned Maruti car and 300…

A:

Q: In an experiment, A, B, C, and D are events with probabilities P]=2/8, P[B]=3/24, P[C]=15/24, and…

A:

Q: Example 2 Discrete Series Find the mean for the given frequency distribution: X: 1 2 3 4 5 f. 3 5 12…

A: Given that  Frequency distribution table X Frequency  1 3 2 5 3 12 4 9 5 1

Q: q1 -For borrowers with good credit scores, the mean debt for revolving and installment accounts is…

A: 1) Given that.   X~N( μ , ?^2 )   μ=15015    , ?=3540   Z-score =( x - μ )/?   NOTE:- According to…

Q: A Markov chain has the transition probability matrix 0.3 0.2 0.5 0.5 0.1 0.4 0.5 0.2 0.3 Given the…

A: Pr(X1=3, X2= 1) = Pr(X2=1, X1= 3)  Using Markov chain, = Pr(X2=1/X1=3)*P(X1=3) Given that, P(X1=3)=…

Q: The PDF of a continuous random variable Y is provided as the image shown below. Show the CDF of G_y…

A:

Q: How many ways can the letters of the word BOULEVARD be arranged in       order? b)How many ways can…

A:

Q: (v) Matiz and Palio and not chevlot (vi) Only one of the car

A:

Q: Identify the parameter of interest and the type of error committed in the given example. 2. A…

A: The parameter of interest here in this example is the two different types of medication used in this…

Q: Consider the following. (Give your answers correct to four decimal places.) (a) Find P(-2.1 < z <…

A:

Q: Example 1 Construct the ogives for the following data. С. I.: 10-20 20-30 30-40 40-50 Frequency: 2 4…

A:

Q: Use the expression in the accompanying discussion of sample size to find the size of each sample if…

A: For the given data n =?

Q: 3. Information from the American Institute of Insurance indicates the mean amount of life insurance…

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

Q: A computer room contains 100 PCs. The probability that a PC breaks down in a week is 0.005.…

A: Givensample size(n)=100probability that a PC breaks down in a week(p)=0.005

Q: VI. De-Morgan's Laws : If A, B and C are any two sets, then (i) (A U B) = A'O B (ii) (An B) = A'U B'

A:

Q: Can you explain this to me?  Here is the question: How many seven-symbol computer passwords can be…

A:

Q: Two coins are tossed once. What is the probability that a. they show the same faces? b. they show…

A: From the provided information, Two coins are tossed once. Total number of outcomes = 22 = 4

Q: For a team with 1318 turnovers in a season, find the expected number of wins in a season.

A: It is given that Regression equation of y on x is y = 102 - 0.05x

Q: A coin is tossed twice. Let E be the event "the first tos shows heads" and F the event "the second…

A: Given that : A coin is tossed.  It has two choices that " Head " And " Tail " Total outcome = 22  =…

Q: Example 6 Find the median wage of the following distribution graphically: Wages (in Rs): No. of…

A: We have given that the grouped frequency table of wages and number of labourers.

Q: A certain electronic component is produced by two manufacturers A and B. Units from A are more…

A: Given information: P(Defective)=P(D)P(Non…

Q: The random variable x is known to be uniformly distributed between 0.5 and 2.5. Compute P(1.0 ≤ x ≤…

A: We have given that the random variable X follows Uniform distribution between 0.5 and 2.5. The pdf…

Q: person's level of blood glucose and diabetes are closely related. Let x be a random variable…

A:

Q: A bearing used in an automotive application is required to have a nominal inside diameter of 1.5…

A: As per our guidelines we can solve first three sub part of question and rest can be reposted.…

Q: Two different simple random samples are drawn from two different populations. The first sample…

A: Hello! As you have posted more than 3 sub parts, we are answering the first 3 sub-parts.  In case…

Q: a) Find the probability that the student is taking at least one course in electronics, engine…

A:

Q: Consider the probability density function if x 1. 2x4 Find E(X). Select one: | -IN -|0 O O O O

A: Obtain the expected value of E(X).   The expected value of E(X) is obtained below as follows:   From…

Q: (0.002 e-0.002 t,t 20 10, Example - 2: Consider the pdf f (t) = with t in hours. other wise i)…

A: i) Reliability function, R(t): Rt=∫t∞ftdt      =∫t∞0.002e-0.002tdt     =0.002e-0.002t-0.002t∞…

Q: numbers from the numbers 1 What is the probability of winning a lottery in which you must choose…

A: a) The formula for combination is nCr= n! / [r! (n – r)!] = [n (n – 1) … (n – r + 1)] / r!.…

Q: d.) In a random sample of 500 police officers, how many have an annual salary of at least $58,750.

A: Let X denote the annual salaries of police officers. Given that X follows N(mean = 50000, SD =…

Q: You generate a scatter plot using Excel. You then have Excel plot the trend line and report the…

A: Solution-: Given: The regression equation is reported as Y^=-61.46*X+41.55 and r2=0.16 We find…

Q: How many possible meals are there?

A: here use fundamental of counting principle   The school canteen offers the following choices for…

Q: Consider a sample with data values of 10, 20, 16, 12, and 17. Compute the mean and median. mean…

A: Given data value is 10,20,16,12,17sample size(n)=5

Q: q- A random variable is normally distributed with a mean of μ = 50 and a standard deviation of σ =…

A: Given that.   X~N( μ , ?^2 )   μ=50   , ?=5   Z-score =( x - μ )/?

Q: A regression was run to determine if there is a relationship between hours of TV watched per day (x)…

A: Given that y = ax +b a = -0.791 b = 27.682 r2 = 0.906304 r = -0.952

Q: Challenge 4: Binomial Distribution 1. How many ways can a team of 7 be chosen from a panel of 20?

A: As per our guidelines we are supposed to answer only one question per post so i am solving first…

Q: Example 7. In a survey of 35 students, 17 have opted Management, 10 have opted Management, but not…

A:

Q: A population of values has an unknown distribution with µ = 124.2 and o Fandom sample of size n =…

A: Given data,μ=124.2σ=58.3n=106

Q: A. Suppose four coins are tossed, show all the outcomes and find the probability of getting: 1. two…

A: As per company guidelines I solved only First questions .thank you

Q: Instructions: • Write the GIVEN with their respective symbols and units. • Do not skip the…

A: Given that  Simplify 5x - 5x-1 - 5x-2

Q: A pharmaceutical company gives 29 subjects a new antihistamine, and gives another 29 subjects a…

A: As per our guidelines we are supposed to answer only 3 subpart of any questions so i am solving…

Q: 2. Calculate Karl Pearson's co-efficient of correlation between percentage of pass and failure from…

A:

Q: A card is drawn from a​ well-shuffled deck of 52 cards. Find the probability that the card is a…

A:

Q: A shop sells a particular make of video recorder. Assuming that the weekly demand for the video…

A: In question, Given that A shop sells a particular make of video recorder. Assuming that the weekly…

Q: ant augmentation rhinoplasty is used to al properties of the human nasal periost (%) was 26.0, and…

A: n=17  mean failure strain = x¯=26 standard deviation = s = 3.1

Q: For items 3 - 7, use permutation or combination in solving the problems below. 3. In how many ways…

A: As per our guidelines we are supposed to answer only one question per post so i am solving first…