Question 4(b)For a frequency distribution in the (a, b, 0) class, you are givenPk = P(K=k)P = 0.0768Pk+1=P-20.08192Pk+3=0.0786432Determine the mean of this distribution.Aggregate claim frequency for an employee dental coverage covering 10 individualsfollows a negative binomial distribution with mean 2 and variance 5. Loss size has anexponential with mean 500. The group expands to 20 individuals and a deductible of 100is imposed. Calculate the probability of 2 or more claims from the group after theserevisions.(c)On an auto collision coverage, the number of claims per year per individual has thefollowing distribution:P(0) = 0.7P(1) = 0.2P(2) = 0.1Loss sizes are exponential distributed with mean 1200. An ordinary deductible of 500 isapplied to each loss. Loss sizes and claim counts are independent.Calculate the probability the aggregate claim payments for a year will be greater than 100using normal approximation.

(a) To calculate the mean of the frequency distribution, we use the formula: Mean = ΣkP(k) where k…

Answered: Ⓡ (b) (6) For a frequency distribution…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

But isn't the mean of the gamma distribution aplha (beta)
A citizen in search of work sent to three different organizations, probability of getting an invitation to the interview from the first company equals 0.1 from the second one-0.6 and from the third one - 0.3 find the main value variance, mean square deviation, mide and median of the number of companies, given the positive answer
Hello, I need a little help with how to find the Deviation from Mean with attached information for capacitors in series and parallel. Thank you.
please state the approximate distribution of the sample mean
What would be the appropriate inferential statistic to evaluate the relationship between: • 'Generation' [Baby Boom (1946-1964), Generation X (1965-1980), Millennials (1981-1996)] • 'Household Income' (in US $) median and interquartile range means comparison (t or ANOVA) correlation coefficient (r) chi-square (x2) mean and standard deviation frequency and percentage
If a set of observations is normally distributed, what percent of these differ from the mean by (a) more than 2.50? (b) less than 0.640?
From reviewing the temperature data for one of the regions of Iraq for a period of time, it was found that 15% of the days of the month of July (the number of days is 31) have a maximum temperature of more than 42 degrees Celsius and that 5% of the days of July have a temperature of less than 36 degrees Celsius. If you know that the temperature for the month of July in this region is subject to a normal distribution, then the mean and standard deviation S for this distribution are equal to:
Assume a distribution with mean of 50 and a standard devivation of 12. For an x-value of 65, the z-score is . (two-decimal accuracy) For a z-score of -2.3, x = . (one-decimal accuracy)
The length of human pregnancies from conception to birth approximates a normal distribution with a mean of 266 days and a standard deviation of 16 days. What proportion of all pregnancies will last between 240 and 270 days. (b) 0.5471 (d) 0.6875 (a) 0.8674 (c) 0.9876 Answer:
Weights of female cats of a certain breed are normally distributed with mean 4.1 kg and standard deviation 0.6 kg. (i). What proportion of female cats have weights between 3.7 and 4.4 kg? . (ii). A certain female cat has a weight that is 0.5 standard deviations above the mean. What proportion of female cats are heavier than this one?. (iii). How heavy is a female cat whose weight is on the 80th percentile?. (iv). A female cat is chosen at random. What is the probability that she weighs more than 4.5 kg? . (v). Five female cats are chosen at random. What is the probability that exactly one of them weighs more than 4.5 kg? .
On each trial of an experiment, a participant is presented with a constant soft noise, which is interrupted at some unpredictable time by a slightly louder sound. The time it takes for the participant to react to the louder sound is recorded. The following list contains the reaction times (in milliseconds) for 7 trials of this experiment. 541, 800, 667, 362, 542, 667, 800 Send data to calculator (a) What is the median of this data set? If your answer is not an integer, round your answer to one decimal place. 1 2 (b) What is the mean of this data set? If your answer is not an integer, round your answer to one decimal place. (c) How many modes does the data set have, and what are their values? Indicate the number of modes by clicking in the appropriate circle, and then indicate the value(s) of the mode(s), if applicable. zero modes one mode: 0 O two modes: and ?
Suppose that the distribution of scores on an exam can be described by a normal curve with mean 110. The 16th percentile of this distribution is 80. (Use the Empirical Rule.) (a) What is the 84th percentile? (b) What is the approximate value of the standard deviation of exam scores? (c) What z score is associated with an exam score of 125? (d) What percentile corresponds to an exam score of 170? (e) Do you think there were many scores below 20? Explain. A score of 20 is? standard deviations below the mean, and so the percentage of scores below 20 would be approximately ... how many percentage

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS