3.Assume that an insurance company will experience a loss Xthat is modeled by a uniform distribution on the interval [2, 10].Compute u= E(X) using integration (you may of course(a)check your answer using a shortcut formula).||(b)Find the 44th percentile of X, i.e., find T0.44-

Given,A random varible X~U[2,10]f(x)=110-2f(x)=18 ; 2≤x≤10

Answered: 3. Assume that an insurance company…

A First Course in Probability (10th Edition)

10th Edition

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Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Let x represent the hemoglobin count (HC) in grams per 100 milliliters of whole blood. The distribution for HC is approximately normal with μ = 14 for healthy adult women. Suppose that a female patient has taken 12 laboratory blood samples in the last year. The HC data sent to her doctor is listed below. We would like to know if the data indicates this patient has significantly high HC compared to the population. 22,17,20,17,17,14,16,21,15,21,15,22 Give the p-value and interpret the results. a) p = .1053; Based on 5% significance level, I will fail to reject the null hypothesis and conclude this patient does not have a high HC level. b) p = .0562; Based on 5% significance level, I will fail to reject the null hypothesis and conclude this patient does not have a high HC level. c) p = 0.0003; Based on 5% significance level, I will fail to reject the null hypothesis and conclude this patient does not have a high HC level. d) p = 0.0003; Based on 5% significance level, I will reject the…
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3. Assume that an insurance company will experience a loss X that is modeled by a uniform distribution on the interval (2, 10]. Compute u = E(X) using integration (you may of course (a) check your answer using a shortcut formula). (b) Find the 44th percentile of X, i.e., find TO.44-