in any year, a person can suffer from a minor hacture From year to year the number of people seeking treatment for such tractures is random. Let Y denote the treatment expenditure for a minor fracture in any given year Suppose that in 91% of the years Y-50, but in 9% of the years Y $4.000 and the standard deviation of the treatment expenditure for a minor fracture in any years 5 The mean treatment expenditure for a minor fracture in any years (Round your answers to two decimal places) Consider a group of 324 people whose lives, homes, and occupations are sufficienty dispersed so that in any year the treatment expenditure for a minor fracture of different persons can be viewed as independently distributed random variables Let eatment expenditu a minor facture of these 324 persons in a year The expected value of the average treatment expenditure for a minor fracture. E in any year n and the standard deviation of the average treatment expenditure (Round your answers to two decimal places) The probability that for 324 people Yexceeds $500 (Round your answer to four decimal places)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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in any year, a person can suffer from a minor facture From year to year, the number of people seeking treatment for such tractures is random. Let Y denote the treatment expenditure for a minor fracture in any
given year Suppose that in 91% of the years Y-50, but in 9% of the years Y $4,000
The mean treatment expenditure for a minor fracture in any year
, and the standard deviation of the treatment expenditure for a minor fracture in any year is
(Round your answers to two decimal places)
Consider a group of 324 people whose tives, homes, and occupations are sufficienty dispersed so that, in any year the treatment expenditure for a minor fracture of different persons can be viewed as
independently distributed random vanables. Let Ydenote the average treatment expenditure for a minor facture of these 324 persons in a year
The expected value of the average treatment expenditure for a minor fracture, EY in any year is $and the standard deviation of the average treatment expenditure for a minor tracture in any year is 5
(Round your answers to two decimal places)
The probability that for 324 people Yexceeds $500
(Round your answer to four decimal places)
Transcribed Image Text:in any year, a person can suffer from a minor facture From year to year, the number of people seeking treatment for such tractures is random. Let Y denote the treatment expenditure for a minor fracture in any given year Suppose that in 91% of the years Y-50, but in 9% of the years Y $4,000 The mean treatment expenditure for a minor fracture in any year , and the standard deviation of the treatment expenditure for a minor fracture in any year is (Round your answers to two decimal places) Consider a group of 324 people whose tives, homes, and occupations are sufficienty dispersed so that, in any year the treatment expenditure for a minor fracture of different persons can be viewed as independently distributed random vanables. Let Ydenote the average treatment expenditure for a minor facture of these 324 persons in a year The expected value of the average treatment expenditure for a minor fracture, EY in any year is $and the standard deviation of the average treatment expenditure for a minor tracture in any year is 5 (Round your answers to two decimal places) The probability that for 324 people Yexceeds $500 (Round your answer to four decimal places)
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