An insurance company that pays hospital claims conducted a study and found that:The probability of claims that include charges from ER to OR is 85%.The probability of claims that do NOT include emergency room charges is 25%Emergency room charges are separate from operating room charges in hospital claims.Answer the questions considering the following events A: operating room charges and B:emergency room charges.a) Which of the following Venn diagrams represents the probabilities of the insurancecompany? (answer A, B, C or D).If a person is chosen at random.b) What is the probability that the claims include operating room charges?c) What is the probability that the claims willNOT include operating room and emergency roomcharges?d) What is the probability that the claims do NOT include operating room charges or do NOTinclude emergency room charges?e) What is the probability that the claims will include emergency room chargessince it includes operating room charges? A)B)A B0,100.30.450.460.19 0.100.150.25C)D)A0.3 (0,450.46 0.1 0.100.10.150.15

Since you have posted question with multiple subparts,we will solve first three subparts for you.To…

Answered: The probability of claims that include…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

I'm confused as to what distrubution I should use to solve this probability. When tall and colorful plants are crossed with short and colorless plants, four types of plants will result: tall and colorful, tall and colorless, short and colorful, and short and colorless with corresponding probabilities: 0.37, 0.42, 0.11, and 0.10. Ten plants are selected. Find the probability that 5 will be tall and colorful, 2 will be tall and colorless, 2 will be short and colorful, and 1 will be short and colorless.
Cumal. DU TIUI Tounu.) (nun 2. Which of the following values cannot be probabilities? 3/5, -0.52, 1.2, 5/3, 0, 2,0.06, 1 Select all the values that cannot be probabilities. A. 3 O B. 1.2 OC. 0 O D. 1 DE. 2 F. 5 O G. 0.06 H. -0.52 3. It is impossible to get 7 kings when selecting cards from a shuffled deck. Express the indicated probability value between 0 and 1 inclusive. 10 Of 0,067
State whether or not the given assignment of probabilities to individual outcomes is legitimate, that is, satisfies the rules of probability. If not, give specific reasons for your answer. Deal a card from a shuffled deck: P(clubs) = 12/52, P(diamonds) = 12/52, P(hearts) = 12/52, P(spades) = 16/52.
A sign on the pumps at a gas station encourages customers to have their oil checked, and claims that one out of 7 cars needs to have oil added. If this is true, what is the probability of each of the following A. One out of the next four cars needs oil. Probability = B. Two out of the next eight cars needs oil. Probability = C. 10 out of the next 40 cars needs oil, Probability =
1. Lauren drinks a variety of soft drinks. over the past month she has had 16 diet cokes for 4 cans of lemonade, and 5 cans of rootbeer. A. Given her history, what is the probability that her next drink will be diet cola? Lemonade? Rootbeer? B) what definition of probability should be used to answer this question?
You purchase a brand new car for $15,000 and insure it. The policy pays 78% of the car's value if there is an issue with the engine or 30% of the car's value if there is an issue with the speaker system. The probability of an issue with the engine is 0.009, and the probability there is an issue with the speaker system is 0.02. The premium for the policy is p. Let X be the insurance company's net gain from this policy. (a) Create a probability distribution for X, using p to represent the premium on the policy. Enter the possible values of X in ascending order from left to right. P(X) (b) Compute the minimum amount the insurance company will charge for this policy. Round your answer to the nearest cent
1) The question screenshot is attached down below just need final answer.
When playing games of chance like roulette, people often say that a particular outcome is due, implying that one income is more likely because it has not happened in a while. This is fallacy because in these examples of outcome of each trial is: a. independent b. dependent c. subjective d. interrelative
On Mr. Casper's debate team at Thunderbird High School, 20% of the members are Sophomores, 35% are Juniors and 45% are Seniors. A team member is selected randomly to give the closing argument for the team. If a sophomore gives the closing argument, the team has a probability of 0.25 of winning the debate. If a junior gives the closing argument, the probability of winning is 0.6. If a senior closes, the probability of winning is 0.85. (a) Find the probability that the team wins the debate. b sketch a tree diagram to model this process
1. Assumptions: Two child family, the probability of a boy or girl is .5, sex of one child in the family is independent of the sex of the other child. Case A: With no other information given, what is the probability that a family has 2 girls? Case B: A family has at least 1 girl, what is the probability that a family has 2 girls? Case C: A family has at least 1 girl who is its first born child, what is the probability that a family has 2 girls
The probability that a person will make 0, 1, 2, or 3 errors on his income tax is .5, .3, .15 and .05 respectively. If 30 are filed, what is the probability 15 will contain no errors, 8 will have one error, 5 will have two errors and 2 will have three errors?
Ryuji Sakamoto wants to be voted Best Athlete and needs to earn the support of fellow athletes at his high school, Shujin Academy, before the election. He can talk with three groups of students: the track and field students, the volleyball team, and the baseball team. Assume every student fits into only one of these groups and that all students will vote. The size of each group and the chance that the group would vote for Ryuji are given below. Probability the Group will Vote for Ryuji Size of the Group Group (in percent of athletes) Track and Field 47% 76% Volleyball 33% 44% Baseball 20% 43% The percentage of votes Ryuji is expected to get is Number %. Is Ryuji expected to win? Yes O No

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS