Started: Apr 19 at 3:23pm Quiz Instructions D Question 1 L 4+ F3 5 pts Jim has a 5-year-old car in reasonably good condition. He wants to take out a $20,000 term (that is, accident benefit) car insurance policy until the car is 10 years old. Assume that the probability of a car having an accident in the year in which it is x years old is as follows: x = age P(accident) 5 6 7 8 9 0.01182 0.01282 0.01386 0.01513 0.01602 Jim is applying to a car insurance company for his car insurance policy. If the car insurance company wants to make a profit of $700 above the expected total losses of $1393, how much should it charge for the policy? O $701 $693 O $713 $703 $705 F4 * F5 *+ 4 % F6 F7 & 200 FB F9 F10 F11

Q: . What is the probability that Y<1.5 given X=0?

A:

Q: A golf ball is selected at random from a golf bag. If the golf bag contains 6 red ​balls, 5 green…

A: The answer is attached below,

Q: The probability that it will rain tomorrow is 0.32. If it rains tomorrow, the probability that it…

A: event  A : rain tomorrow           B : rain next day   P(A) = 0.32,    P(A') = 1 - 0.34 = 0.66P(B|A)…

Q: Use the given information to find the indicated probability. P(A U B) = 0.7, P(B) = 0.6, P(A n B) =…

A: Given,   The objective is to find P(A).

Q: The table lists the drinking habits of getting someone who is a man or a non-drinker. Round your…

A: Given  Information Sex Non- Drinker Regular drinker Heavy drinker Total Man 135 56 5 196…

Q: The probability that the return will be below X% is approx. 0.16. What is the value of X for Stock…

A: We are given:p = 0.16 (probability of return being below X%)For Stock A and Stock B:X = (1 - p) *…

Q: Jim is a 60-year-old Anglo male in reasonably good health. He wants to take out a $50,000 term…

A: Note: " Since you have posted many sub-parts. we will solve the first three sub-parts for you. To…

Q: Manuela measured how many times she arrived to work late if she left her home at 8 AM. The results…

A: Given data is Result Frequency late 5 on-time 19

Q: Use the given information to find the indicated probability. P(A) = 0.1, P(B) = 0.8, P(A n B) =…

A: It is given that PA=0.1, PB=0.8 and PA∩B=0.05.

Q: 1. Create the probability distribution table for X: X outcome a. E[X] = μx b. SD[X]=ox profit æ,$…

A: The life insurance policy for her iguana is for the price of $100 per year.Neveah will receive $4000…

Q: Decide whether the following statement makes sense (or is clearly true) or does not make sense (or…

A: In this context, a negative expected value implies that, averaged over many tickets, you should…

Q: For Chapter 2 through Chapter 14, the Cumulative Review Exercises include topics from preceding…

A: The given equation is

Q: Use the given information to find the indicated probability. P(A) = 0.1, P(B) = 0.9, P(A n B) =…

A:

Q: Jim has a 5-year-old car in reasonably good condition. He wants to take out a $50,000 term (that is,…

A:

Q: When doing blood testing for a viral infection, the procedure can be made more efficient and less…

A: Given information- We have given the probability of an individual blood sample testing positive for…

Q: Find the probability of the indicated event if P(E) = 0.40 and P(F) = 0.55. %3D %3D Find P(E or F)…

A:

Q: 1f. It has been reported that the first week in May NC has an average daily temperature of 88…

A: Average daily temperature of first week in May is 88 degrees. The first week had recorded…

Q: Miranda decided to buy a $50,000 term life insurance policy from Palmetto Insurance Company to cover…

A: To find the expected cost we will multiply the total amount by the corresponding probability. Age…

Q: is 0.40. For a premium of ​$29,000 David can purchase insurance coverage that would pay him​…

A: The expected net profit is, $100,000. The rain reduced the net profit to $25,000. The probability of…

Q: Use the given information to find the indicated probability. P(A U B) = 0.9, P(B) = 0.8, P(A N B) =…

A:

Q: You have a 30% chance of getting job A with a salary of $20,000 the first year. It will cost you…

A: Given : Chance of getting job = 0.30   (30%) First year salary = $20,000 expenses = $500

Q: find the probability of P(E)c if P(E)=0.17

A: Given P(E)=0.17  Find P(Ec)=?

Q: Find the indicated Probability Given P(A) = 0.55 P(B) = 0.55 P(A or B) = 1 P(A and B) =

A: Given information- P(A) = 0.55P(B) = 0.55P(A or B) = 1We have to find P(A and B).

Q: Examine the image below and then answer all parts of the question under it. Enter your answers as…

A: a) There are 4 yellow objects in 10 objects.So, P(yellow)=410=0.4b) There are 3 hearts in the 10…

Q: Jim has a 5-year-old car in reasonably good condition. He wants to take out a $10,000 term (that is,…

A: The provided prob. distribution of a car having an accident in the year in which it is years old…

Q: For the image below, what would you input into the graphing calculator function to find the…

A: Answer: - Given, A standard normal curve                 Find P(Z &gt; -0.92) = ?