Dresden and Morgan both have the following loss distribution. Loss Possibility Loss Probability $0 .90 $4,000 10 If Dresden and Morgan form a pooling arrangement to share losses, what is the standard deviation of average losses for each of them after the pool is formed? O a. $28 Ob. $280 Oc. $848 O d. $4000

Q: five cards ar drawn from a pack of 52 well shuffled cards. Find the probability that the cards drawn…

A: From the provided information, Total cards = 52 Five cards are drawn.

Q: Determine the expected count for each outcome. The expected count for outcome 1 is. (Round to two…

A: n=714

Q: The probabilities that discipline officers will discover violations of the student handbook in a…

A: We have to find the standard deviation of the probability distribution

Q: There are 20 cupcakes at a party; 8 are vanilla, 6 are chocolate, 2 are funfetti, and 4 are carrot…

A: From the provided information, There are 20 cupcakes at a party; 8 are vanilla, 6 are chocolate, 2…

Q: Directions: Find the probability that a randomly chosen point lands in the shaded region. 15 cm

A: Find the probability that a randomly chosen point lands in the shaded region.

Q: 4. In what range do the middle 95% of all IQ scores lie in this age group? 5. About what percent of…

A:

Q: The optimal scheduling of preventive maintenance tests of some (but not all) of n independently…

A:

Q: Here is a bivariate data set. x y 26 139 32 -53 3 130 40 48 59 25 55 23 40 82 27 106 34 143 52 112…

A: The data shows the bivariate data set.

Q: working time of T ~ Γ(3, 1.2). When the drilling gear box fails, it is replaced by a new one. What…

A:

Q: For each question there are four choices marked, 2, 3 and 4 Choose only ONE that is the best answer.…

A: X-1012pi0.20.20.40.2 and Y=X2+1 Now we need to determine the values that Y can take on and their…

Q: A committee is to be formed consisting of 4 men and 5 women. If the committee members are to be…

A: Answer  Given  A committee is to be formed consisting of 4 men and 5 women. If the committee members…

Q: The data below is the number of runs batted in (RBIs) for the top 40 ranked players in the MLB as of…

A: The dataset is given as- 18 20 14 7 17 11 11 18 15 10 16 20 12 16 15 10 17 22 18 18 15 15 16 12 8 30…

Q: A city council consists of seven Democrats and seven republicans. If a committee of five people is…

A: A city council consists of seven Democrats and seven republicans.  and   If a committee of five…

Q: a population of 1,000,000 people. This information is used in Exercises 26 through 29. 26. Suppose…

A: AS PER BARTLYBY POLICY I ANSWERED ONLY QUESTIONS OF 26,27,28,ONLY 26 )  a) The PPV (positive…

Q: Elizabeth brought a box of donuts to share. There are two dozen(24) donuts in the box, all identical…

A: There is total 24 donuts in the box.

Q: Bayes' Theorem - detecting a virus from test results. help_outline   (a) Assume one person out of…

A:

Q: but what is the answer

A: but what is the answer

Q: If a random sample of 40 is taken from each of the following distribution find the probability for…

A: Given: sample size n = 40  x ~ B(10,0.6) x ~B(n,p) we calculated the mean and standard deviation. μ…

Q: I'm understanding the formula n/(n-r)r but not sure how it ended up as 5×4×3×2 over 2×3. So far all…

A: Calculate the factorial of 5! = the number of ways to arrange all 5 letters. 5! = 5 × 4 × 3 × 2 × 1…

Q: o Find a constant C such that p is a probability density function on the given interval and compute…

A: p(x)=c/(x+4)3.   x (0, ∞) We have to find Value of C and probability P(0≤X≤1)

Q: (a) In each Australian capital city, a large retail chain has several stores, including in Brisbane…

A: Let X be a random variable denoting the profit in a randomly chosen month in Brisbane. Let Y be a…

Q: the sets A {1,2,3,4,5), B = {3,4,5,7) and C= {2,4,6,8). Then the set (An C) B is a) {3,5} b) {3,5,7}…

A: A= 1,2,3,4,5 B = 3,4,5,7 C = 2,4,6,8

Q: Q5. A school musical director can select 2 musical plays to present next year. One will be presented…

A: A school musical director can select 2 musical plays to present next year. One will be presented in…

Q: You are interested in determining which of two brands of light bulbs, brand A and brand B, lasts…

A: The objective of the study is to determine which brand among brand A and brand B lasts longer under…

Q: For each of the statements that follow, determine whether it is true (meaning, always true) or false…

A: We are given few statements about the discrete random variable. We have to determine whether they…

Q: If Mrs. Hiatt chooses two students, what is the probability that Emily will not be one of them?

A: Mrs. Hiatt puts the names of all 15 of her second period students on popsicle sticks and places them…

Q: ands of dollars) are shown. ative High Demand $1 60 80 100 E) = 0.70 V) = 0.30 begin State of Nature…

A:

Q: A maintenance firm has gathered the following information regarding the failure mechanism for air…

A: A maintenance firm has gathered the following information regarding the failure mechanism for the…

Q: (2) The student committee would like to know the frequency of students buying food from hostels…

A: Solution-: Given: σ=60,c=0.98 We want to find (i) How much data that they need to collect if the…

Q: The price of a stock is modeled with a geometric Brownian motion with drift μ=-0.25 and volatility…

A: The price of a stock is modeled with a geometric Brownian motion with drift μ=-0.25 and volatility…

Q: 78. A bag contains 6 blue marbles, 4 red marbles, and 2 white marbles. If a marble is selected from…

A:

Q: The following table provides a probability distribution for the random variable x. (a)Compute E(x),…

A: We have given the following probability distribution table  x f(x) 8 0.25 16 0.50 24 0.25

Q: Construct a frequency distribution and histogram for the motor fuel octane data from previous…

A: We use a class interval was 2.5 and a cumulative frequency was 82 (this is the total amount of…

Q: The continuous random variable X has the following probability density function (pdf), for some…

A:

Q: The IQ scores of 50 students are given below.   103 102 108 91 91 104 104 116 85 101 92 115 103…

A: The IQ scores of 50 students are given. The first class is 85-89.

Q: rections: Find the probability that a randomly chosen point lands in the aded region. 15 cm

A: Find the probability that a randomly chosen point lands in the shaded region.

Q: 1. In a group of 100 men, 55 are clean-shaven, 30 have beards and moustaches, 10 have moustaches…

A: (a) The probability that the man has a beard is obtained below as follows:   From the information,…

Q: 4. An article reports that 1 in 200 people carry the defective gene that causes inherited colon…

A: The probability of caring for a defective gene by a person is, The binomial expression for the…

Q: The national flufferball association decides to implement a drug screening procedure to test its…

A: Answer:- Let, D represent the set of people take the enhancing drug. And P represents the positive…

Q: The names of 9 boys. and 9 girls are in a hat. What is the probability of first drawing a girl's…

A: The names of 9 boys. and 9 girls are in a hat. Total =18

Q: Q 1 If X is a random variable with distribution X: 0 1 2 3 111 P(X): - - - - 4444

A: As per policy I have calculated first main question plz REPOST for remaining questions. Here given…

Q: 6 in 4 in 15 in 15 in 10. A dart is tossed and hits the dart board shown to the left. The dart is…

A: The given data is as follows: The dart board is in the shape of a square because the adjacent sides…

Q: The number of pizzas consumed per month by university students is normally distributed with a mean…

A: normal distribution μ = 10σ = 3

Q: Find the number of different selections of 4 letters from the word STATISTICS.

A: "STATISTICS" No.of letters in the word " STATISTICS " =10

Q: Given that X is a random variable having a Poisson(X) distribution, compute the following: (a) P(X=…

A:

Q: Find the number of different selections of 5 letters from the words: a. SELECTIONS b. ARRANGEMENTS

A: a) Given word is "SELECTIONS" No. of letters in SELECTIONS=10 No. of different selection from the…

Q: 3. Suppose F, has density -{{ fa(z)= 1-cos 2nmr, if 0 ≤ ≤1 O.W. 0 Show that F, converges weakly to…

A: To show that Fn converges weakly to the uniform distribution on [0,1], we need to show that for any…

Q: average weight of 4.55 grams. A researcher wonders if hummingbirds (of this same type) living in the…

A: a) Population mean μ =4.55 b) Population mean μ =115 c) Population mean μ =69

Q: The sum of the product of each value of a discrete random variable and its probability is referred…

A: Variance: That is, it is obtained taking the square root of the sum of the squares of the…

Q: 1. A mail-order computer business has six telephone lines. Let X denote the number of lines in use…

A: 1)Answer:- Let X denote the number of lines in use at a specified time. The PMF of X is given in the…