The time waiting for baggage at an airport is uniformly distributed between 0 and 25 minutes.Part: 0 / 3Part 1 of 3(a) Find the probability that the waiting time is less than 17 minutes.The probability that the waiting time is less than 17 minutes isOlo×

The distribution of the waiting time is defined to be uniformly distributed between the value of 0…

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MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Insurance: An insurance company sells a 1-year term life insurance policy to an 79-year-old woman. The woman pays a premium of $1800. If she dies within 1 year, the company will pay $39,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 79-year-old woman will be alive 1 year later is 0.9561. Let X be the profit made by the insurance company. Part 1 of 2 (a) Find the probability distribution. The probability distribution is X -37200 1800 P(x) 0.0439 0.9561 Alternate Answer: X P(x) Part: 1 / 2 Part 2 of 2 - 37,200 1800 0.0439 0.9561 (b) Find the expected value of the profit. Expected value of the profit is S X 00
Find the probability P(Ec) if P(E)=0.17.
Insurance: An insurance company sells a 1-year term life insurance policy to an 80-year-old woman. The woman pays a premium of $4000. If she dies within 1 year, the company will pay $53,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 80-year-old woman will be alive 1 year later is 0.9259. Let X be the profit made by the insurance company. Part: 0 / 2 Part 1 of 2 (a) Find the probability distribution. The probability distribution is X P(x) 4000 ☑
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K According to a survey, the probability that a randomly selected worker primarily drives a bicycle to work is 0.792. The probability that a randomly selected worker primarily takes public transportation to work is 0.071. Complete parts (a) through (d). (a) What is the probability that a randomly selected worker primarily drives a bicycle or takes public transportation to work? P(worker drives a bicycle or takes public transportation to work) = 0.863 (Type an integer or decimal rounded to three decimal places as needed.) (b) What is the probability that a randomly selected worker primarily neither drives a bicycle nor takes public transportation to work? P(worker neither drives a bicycle nor takes public transportation to work) = 0.137 (Type an integer or decimal rounded to three decimal places as needed.) (c) What is the probability that a randomly selected worker primarily does not drive a bicycle to work? P(worker does not drive a bicycle to work) = ☐ (Type an integer or decimal…

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The time waiting for baggage at an airport is uniformly distributed between 0 and 25 minutes. Part: 0 / 3 Part 1 of 3 (a) Find the probability that the waiting time is less than 17 minutes. The probability that the waiting time is less than 17 minutes is 00 H