Policy holders of an insurance company file claims at an average rate of 0.39 per year. If the company pays $7,500 for each claim, (a) What is the probability that 4 people file claims? ((b) Find the probability that no person files claim? © What is the mean claim amount for a policy holder in a year?

Q: Find the exact probability that you get sum of 10 when two die are tossed

A:

Q: The amount of time spouses shop for anniversary cards can be modeled by an exponential distribution…

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Q: how to get probability?

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Q: nge receives an average in a given minute, the e calls;

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Q: A volcano erupts 10 times in 200 years. What is the probability that it will erupt next year?

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Q: P(0.27<z<1.06) Help to find the probability using Excel please

A: Given data: P(0.27&lt;z&lt;1.06)   To find the given probability.

Q: The table summarizes results from 979 pedestrian deaths that were caused by automobile accidents.…

A: Given that, The table summarizes results from 979 pedestrian deaths.

Q: If the probability that an event does no occur is 0.3 determine the probability that the event…

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Q: Calculate the exact probability that the mean of 3 die rolls will be >2.5 and less than or equal to…

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Q: 4632673 flights arrived in Dubai’s airport last year. 43135 from them arrived from Europe. Estimate…

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Q: Louis is paid Php 20.00 whenever the results of tossing two coins are both heads but pays Php 10.00…

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Q: Find the empirical probability of flipping a coin 10 times

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Q: shipment consists of 17 cell phones, 8 of which are defective. If 5 cell phones are selected and…

A: We have given that  Number of consistent =17 Number of defective cell phones =8 Total number cases…

Q: The chance of rain is 20%, the chance of it being sunny is 60%, and the chance of it being sunny and…

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Q: The probability that a student pilot passes the written test for a private pilot's license is 0.55.…

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Q: Find the indicated Probability given P(A)=0.4 P(B)=0.6 P(A and B)=0.2 P(A or B)

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Q: The mean number of customers arriving at a bank during a 15-minute period is 10. Find the…

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Q: You have a deck of 52 cards. (Round to 4 decimal places.) (a) Find the probability that when you…

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Q: Question #10Twelve percent of U.S. residents are in their thirties. Consider a group of six U.S.…

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Q: What is the probability that a card drawn randomly from a standard deck of 5252 cards is an ace?…

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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.