State Farm Insurance studies show that in Colorado, 65% of the auto insurance claims submitted for property damage were submitted by males under 25 years of age. Suppose 8 property damage claims involving automobiles are selected at random. Let r be the number of claims made by males under age 25. Make a histogram for the r-distribution probabilities
State Farm Insurance studies show that in Colorado, 65% of the auto insurance claims submitted for property damage were submitted by males under 25 years of age. Suppose 8 property damage claims involving automobiles are selected at random. Let r be the number of claims made by males under age 25. Make a histogram for the r-distribution probabilities
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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Question
State Farm Insurance studies show that in Colorado, 65% of the auto insurance claims submitted for property damage were submitted by males under 25 years of age. Suppose 8 property damage claims involving automobiles are selected at random. Let r be the number of claims made by males under age 25. Make a histogram for the r-distribution probabilities
![0.3-
0.25
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P (r)
P (r)
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0.05
0 1 2 3 4
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8
0 1 2
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0.25-
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P (r)
P (r) 0.2-
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0.05
0 1 2 3 4
5 6 7 8
1
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4 5 6 7 8](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8bb7106e-b484-4f53-acba-718d0f4d6549%2F06dcc35e-3625-4ba5-8f55-c1a1e3be744a%2Fgg1nk8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:0.3-
0.25
0.25
0.2
0.2
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P (r)
P (r)
0.15-
0.1-
0.1
0.05
0.05
0 1 2 3 4
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0 1 2
3 4 5 6 7 8
0.25-
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P (r)
P (r) 0.2-
0.1-
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0.05
0 1 2 3 4
5 6 7 8
1
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4 5 6 7 8
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Follow-up Questions
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Follow-up Question
(a) What is the
(b) What is the expected number of claims made by males under age 25? What is the standard deviation of the r-probability distribution? (Round your standard deviation to two decimal places.)
population mean
population standard deviation
Solution
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