Calculate the insurance company's objective risk using the following information: A health insurance company covers 5000 individuals. Out of these 5000 they expect 500 to be lost. Past data shows that in the past years losses were 288, 414, 230, 167
Q: 1. Suppose an electronics store offers an extended warranty on a cell phone that covers screenrepair…
A: 1) Given Extended warranty cost per month = $9.99 chance of needing a screen repair in the next…
Q: It was reported in 2007 that there were 8,955,000 people age 16 or older who had a "go outside the…
A: 20.4% of x=8,955,000 x=?
Q: The Australian Security Exchange (ASX) has more than 2000 listed companies as of 2020. The following…
A: Mean annual returns of the given top ten companies are calculated as So the mean return is 12.09%.
Q: Calculate the mean annual return of the above ten companies. b) List out the companies that are…
A: Given data Company Average Annual Return (%) Archer Daniels Midland 10.5 American…
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A:
Q: Jobs and productivity! How do banks rate? One way to answer this question is to examine annual…
A: Given data is appropriate for testing of hypothesis for testing a z-test for single mean. Because it…
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A:
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A: It is assumed that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same…
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A: Given that,possible chances (x)=15sample size(n)=60success rate ( p )= x/n = 0.25success…
Q: The following information is taken from Johnson & Johnson's annual reports. Its common stock is…
A: Introduction - Simple index - Total of the current year prices for the various commodities is…
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A: Given data number of success , x= 19 sample size, n =75 population proportion,p= 0.3
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A: State the hypotheses. That is, there is no evidence that the true proportion of stocks that went up…
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A: The sample of 78 stocks traded on the NYSE that day showed that 15 went up. That is, n=78,x=15.
Q: offer an insurance policy to these two customers and offer it for the same price, what price should…
A: Here given., Suppose Janice has a 25% chance of totaling her car (worth $13,500) this year and Sam…
Q: barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA…
A:
Q: 0. mputer Secu omputer U.S. businesses. CSI sends survey questionnaires to computer security…
A: Lower BoundUpper…
Q: Here are annual revenue data in billions of dollars for the 10-year period 2008-2017 for two…
A: A regression is a technique in statistics that relates a dependent and independent variable. In this…
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A: Given Null Hypothesis Ho : p = 0.30Alternate Hypothesis Ha : p < 0.30Sample size n = 78Number of…
Q: 19) Calculate the arithmetic average for the following returns: Year 2017 2018 2019 2020 Return…
A: Given
Q: Assuming that workers' salaries in your company are uniformly distributed between $10,000 and…
A: X is uniformly distributed between (10000,40000). P(x>X) = 0.25, find x
Q: 4.32 If the preceding 50% rates were each reduced to 40% by a massive education program, then what…
A:
Q: Please help with homework
A: Homeowner \ AutomobileNoneLowMediumHighLow0.040.060.050.03Medium0.070.100.200.10High0.020.030.150.15…
Q: Use the table to answer the following questions. Year U.S population (millions) Traffic…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: An electronics retailer is developing a model for insurance policies on new cell phone purchases. It…
A:
Q: The table below contains the total number of deaths worldwide as a result of earthquakes from 2000…
A: YearTotal no. of…
Q: What is the test statistic for this sample? (Report answer accurate to three decimal places.) test…
A: Given that p = 0.3 , n = 77 , x = 26
Q: Consider the following data from a stock table on the company "Apple Inc." Name Apple Inc.…
A: According to the given data, calculate the earnings per share:
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A:
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A: Solution: Given information: n= 51 Sample size of stocks x= 8 stocks went up p^=xn=851=0.1569…
Q: The following information is taken from Johnson & Johnson's annual reports. Its common stock is…
A: The formula to compute the simple index is, Here,pt price in time period t and p is the price in…
Q: Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good…
A: From the provided information, Sample size (n) = 78 Out of which 26 went up. Level of significance…
Q: An insurance company offers four different deductible levels—none, low, medium, and high—for its…
A: Given , deductible levels for homeowner's policyholders - none(N), low(L), medium(M), and high(H)…
Q: Walmart predicted the following end-of-year earnings from 2003 - 2012 in billions of dollars (9.5,…
A: The predicted end-of-year earnings from : The actual end-of-year earnings from : The correct p-value…
Step by step
Solved in 2 steps with 2 images
- Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.A sample of 70 stocks traded on the NYSE that day showed that 8 went up.You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3. You use a significance level of α=0.005α=0.005.What is the test statistic for this sample? (Report answer accurate to three decimal places.)test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.)p-value = The p-value is... less than (or equal to) αα greater than αα This test statistic leads to a decision to... reject the null accept the null…An insurance company offers four different deductible levels—none, low, medium, and high—for its homeowner's policyholders and three different levels—low, medium, and high—for its automobile policyholders. The accompanying table gives proportions for the various categories of policyholders who have both types of insurance. For example, the proportion of individuals with both low homeowner's deductible and low auto deductible is 0.07 (7% of all such individuals). Homeowner's Auto N L M H L 0.04 0.07 0.05 0.01 M 0.07 0.11 0.20 0.10 H 0.02 0.03 0.15 0.15 Suppose an individual having both types of policies is randomly selected. (a) What is the probability that the individual has a medium auto deductible and a high homeowner's deductible?(b) What is the probability that the individual has a low auto deductible? A low homeowner's deductible? auto deductible homeowner's deductible (c) What is the probability that the individual is in the same…Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day. A sample of 80 stocks traded on the NYSE that day showed that 22 went up. You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3. You use a significance level of a = 0.005. What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value =
- Assuming that workers' salaries in your company are uniformly distributed between $10,000 and $50,000 per year. Find the amount of money that 35% of the workers make more than that value?The ABC Company is involved in the production and selling of consumer goods, particularly beauty products such as bath soap and shampoo and had registered a positive profit growth for the last 10 years. However, the current year seems to be different from those years as the company is expecting a decline in profit; which is estimated to be about 70% below the target. The manager now is in a dilemma … asking himself/herself “What happened, why this decline in profit?” The Manager then asked the company Accountant to give him/her the data on sales and advertising cost for the last 10 years – he/she wants these data to determine whether the company can live without advertising, as advertising cost happens to be substantial. Justify your answer by doing as step-by-step procedure in Correlation Analysis using a 0.05 level of significance. The data are as follows –Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.A sample of 80 stocks traded on the NYSE that day showed that 11 went up.You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3. You use a significance level of α=0.02α=0.02.What is the test statistic for this sample? (Report answer accurate to three decimal places.)test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.)p-value = The p-value is... less than (or equal to) αα greater than αα This test statistic leads to a decision to... reject the null accept the null fail…
- need help in part d,e anf f3. What would be the yearly premium for a $50,000 insurance policy against accidental household flood if the likelihood of an accidental household flood is estimated to be 0.005 and the company wishes to have a yearly expected gain of $2000? a. $2, 250. b. $2,550. c. $2,500. d. $2,520. 4. A manufacturer of electronic equipment buys spare parts for replacement and repairs in lots of one-thousand from the supplier. The manufacturer uses these spare parts to fix items under warrantee. Past historical records show that the probability of any one spare part being defective is unlikely and assumed to be one in one-thousand. In a shipment of one-thousand spare parts the probability of two defectives is a. 0.148. b. 0.184. c. 0.366. d. 0.386. 5. What is the probability of getting exactly three heads in five flips of a balance coin? a. 5/16 b. 3/16 c. 7/16 d. 9/16Total DVD and Blu-ray disc sales in 2009 were $8.72 billion. For the purposes of this problem, you will combine DVD and Blue-ray disk sales into one category of DVD sales. A study by In-Stat predicted that "physical disc sales will decline by $4.7 billion by 2014," and that "streaming, on the other hand, should grow from its current $2.2 billion to $6.3 billion over the same time period (2009–2014). d. Write an equation that represents the linear model for streaming videos. Let S = the total sales of streaming videos in billions of dollars, and t = the number of years after 2009. e. In what year do the models predict streaming video sales to exceed DVD sales?
- The following information is taken from Johnson & Johnson's annual reports. Its common stock is listed on the New York Stock Exchange, using the symbol JNJ. Johnson & Johnson Domestic Sales International Sales Employees Year ($ million) ($ million) (thousands) 2010 $ 29,437 $ 32,124 114.0 2011 12,907 36,107 117.9 2012 29,830 37,394 127.6 2013 31,910 39,402 128.1 2014 34,782 39,548 126.5 2015 35,687 34,387 127.1 2016 37,811 34,079 126.4 2017 39,863 36,587 134.0 2018 41,884 39,697 135.1 Using the period 2010–12 as the base period, compute a simple index of international sales for each year from 2013 to 2018. (Round your answers to 1 decimal place.)The index (2010–2012 = 100) for selected years is:Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day. A sample of 51 stocks traded on the NYSE that day showed that 22 went up. You are conducting a study to see if the proportion of stocks that went up is significantly more than 0.3. You use a significance level of a =0.05. = What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value = The p-value is... O less than (or equal to) a O greater than a This test statistic leads to a decision to... O reject the null O accept the null O…Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.A sample of 80 stocks traded on the NYSE that day showed that 26 went up.You are conducting a study to see if the proportion of stocks that went up is is significantly more than 0.3. You use a significance level of α=0.002What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value = The p-value is... less than (or equal to) αα greater than αα This test statistic leads to a decision to... reject the null accept the null fail to…