You are an insurance adjuster. On average there are between 10 and 50 storm-damaged roofs each year. Your job is to come up with an estimate of the number of storms for the upcoming year. • Run a simulation 500 times and determine the average number of roof damages you would expect. What is the standard deviation of the 500 possible events? • Show all work (spreadsheet included) as each student's answers will be different
You are an insurance adjuster. On average there are between 10 and 50 storm-damaged roofs each year. Your job is to come up with an estimate of the number of storms for the upcoming year. • Run a simulation 500 times and determine the average number of roof damages you would expect. What is the standard deviation of the 500 possible events? • Show all work (spreadsheet included) as each student's answers will be different
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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1. You are an insurance adjuster. On
average there are between 10 and 50
storm-damaged roofs each year. Your job is
to come up with an estimate of the number
of storms for the upcoming year. • Run a
simulation 500 times and determine the
average number of roof damages you
would expect. What is the standard
deviation of the 500 possible
Show all work (spreadsheet included) as
each student's answers will be different
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