Z is the present-value random variable for a whole life insurance of b payable at themoment of death of (x).You are given:(i)(ii) 8 = 0.05(iii) The net single premium for this insurance is equal to Var(Z).Calculate b.x+t = 0.01 t≥0(A) 1.36(B) 1.68(C) 2.00(D) 2.32(E) 2.64

Given that Z is the present-value random variable for a whole life insurance of b payable at the…

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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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you should calculate the required probabilities using tables A model for normal human body temperature, X, when measured orally in F, is that it is normally distributed, X N(98.2, 0.5184). According to the model, what proportion of people have a normal body temperature of 99 F or more? (0) (i) Find the normal body temperature such that, according to the model, only 10% of people have a lower normal body temperature. (ii) Let W denote normal human body temperature, when measured orally in C. Given that W =59 (X-32) and X N(98.2, 0.5184), what is the distribution of W?
When a man observed a sobriety checkpoint conducted by a police department, he saw 656 drivers were screened and 5 were arrested for driving while intoxicated. Based on those results, we can estimate that P(W)equals=0.00762,where W denotes the event of screening a driver and getting someone who is intoxicated. What does P(W) denote, and what is its value? What does P(W) represent? P(W)=
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X P(x) =C p*q"-x %3D When processing credit-card applications there is a 40% chance that an application will have incomplete or insufficient information and require research. You have 5 applications in your to-do pile and would like to leave early today. (a) Fill in the values: n = q = (b) What is the probability of exactly three applications needing research? (enter a number between 0 and 1, 4 decimal places) Answer= (c) What is the expected number of applications that will need research? Answer= (d) What is the probability of having AT LEAST the expected number of applications needing research? (enter a number between 0 and 1, 4 decimal places) Answer= Please answer all parts of the question.
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P(-0.34
24% adults favor the use of unmanned drones by police agencies. Twelve U.S. adults are randomi U.S. adults who favor the use of unmanned drones by police agencies is (a) exactly three, (b) at lea (a) P(3)%3D (Round to three decimal places as needed.) (b) P(x24)= (Round to three decimal places as needed.) (c) P(X<8)3D (Round to three decimal places as needed.) Enter your answer in each of the answer boxes
For the continuous random variable X, the probability distribution is given by a(x? + 1) f(x) = { 1sx<4 otherwise (a) Find i. The value of the constant a. ii. E(X). iii. Var(X) iv. P(1 sXs 3)

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Z is the present-value random variable for a whole life insurance of b payable at the moment of death of (x). You are given: (i) H+ = 0.01 (ii) 8 = 0.05 (iii) The net single premium for this insurance is equal to Var(Z). Calculate b. 20 (A) 1.36 (B) 1.68 (C) 2.00 (D) 2.32 (E) 2.64