Greg works as a carpenter. There is a 3 percent chance he loses a finger which they value at $200000. His job makes him $250000. What would the fair premium per $ for Greg to insure against losing his fingers be if his is risk adverse?

Q: The normal price of certain 50-inch LED television set at Buy Big is $799. After Thanksgiving, Buy…

A: Please refer to the image below.

Q: company has net profit margin of 2.85% and a net revenue of $4,625,000, what is the net income

A: The net income of a company is an important financial metric that represents the amount of profit…

Q: Two students appeared at an examination. One of them secured 20 marks more than the other and his…

A:

Q: You have been given the opportunity to buy a machine from your grandfather to make butter knives.…

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Q: if a store sells boxes of detergent at regular price of 4.55 Next week,the detergent will be on sale…

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Q: If a scholarship requires a minimum GPA being top 8%, what is the minimum value of GPA to qualify…

A: From the given information we have  Mean(µ) = 2.78Standard deviations (σ) = 0.42X ~ N (µ, σ )=…

Q: The manager of Brass Antiques has determined that a markup rate of 27% is necessary for a profit to…

A: We will find out the required value.

Q: If A is 125% of B, then B is what percent of A?

A: Given : A is 125% of B

Q: If the Canadian dollar is worth 22% less than the U.S. dollar, by what percentage does the U.S.…

A: Solution

Q: 3 + 2 = 165 2 + | = 123 %3D 4 + 2 = 286 S + 3 = 2158 6 + 1 = ?

A: Given that 3+2=165 2+1=123 4+2=286 5+3=2158 6+1=?

Q: What would she need to get her total GPA up to a 3.4, if she only started with a 2.61?

A: Here the problem is      Julie started with a GPA 2.61. She took 13 credits before. Now she is…

Q: A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs.392., what…

A: Given that, selling price, SP= Rs.392 gain percent, Gain%= 22.5%   We know that gain percent is…

Q: Two students appeared at an examination .One of them secured 9 marks more than the other and his…

A: Given, Two students appeared at an examination. One of them secured 9 marks more than the other…

Q: James knows that half the students from his school are excepted at the public university nearby.…

A: It is given that James knows that half the students from his school are excepted at the public…

Q: A bind is currently selling for $6,055, which is 86.5% of its face value.What is its face value?

A: c=$6055

Q: You buy a car for OMR 8,000 and sell it for OMR 5,200. What is your percentage loss?

A:

Q: by the ea vation 2xy +X=Y". XP |3D

A:

Q: if i have a 73.8 average in math, and I get a 30% mark in my last test, what we

A: Introduction: a number obtained by multiplying two or more quantities and then dividing the total by…

Q: If 40% of x is 300 then find x

A: Given,40% of x is 300then, x = ?

Q: An insurance company sells a policy that pays $50,000.00 in case of accidental death. According to…

A: Here we want to find premium value.

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A:

Q: I have 87.76% grade in one of my classes. If my final exam is worth 20% and I get like an 80% grade…

A: Current percentage:  87.76% Weightage of final exam:  20%

Q: Suppose you own stock in Beach Front Resort Inc. which had earnings of $2.09 per share last year. If…

A: if you find my answer helpful please put thumbs up. thank you. the required solution is given below…

Q: As first public inquiry showed, there were 643,000 women motorcyclists in the United States, up from…

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Q: If I have a total average grade class of 75.21% and I take a test and get 14 points out of 15,…

A: Given: The student has a a total average grade class of 75.21% and he took a test and got 14 points…

Q: if you dont show up for the first exam and take a 0%, then average 82% for everything else the rest…

A:

Q: What would be the percentage of 20 out of 21 faculty members being funded of a salary totaling…

A: We have to divide 20 by 21 and then multiply by 100 to find percentage

Q: If the average time for a fifth grader to run a mile is 8.50 minutes (s = 1.25), what percentage of…

A:

Q: WHAT IS X IF X + 12% OF X = 785.40

A: WHAT IS X IF X + 12% OF X = 785.40

Q: If 75% of x is 1500 then x is

A: Given ,  75% of x is 1500 then  We have to find x  We know that ,  75% of x is 1500 means

Q: In how many days will $4,500 grow to $4,845.21 at 7% p.a.?

A:

Q: . The Smith family went to dinner at a restaurant and had a total bill of $ 120. If they left a tip…

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Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.