Intro Stats, Books a la Carte Edition (5th Edition)
Intro Stats, Books a la Carte Edition (5th Edition)
5th Edition
ISBN: 9780134210285
Author: Richard D. De Veaux, Paul Velleman, David E. Bock
Publisher: PEARSON
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Chapter 12, Problem 29E

Auto insurance Insurance companies collect annual payments from drivers in exchange for paying for the cost of accidents.

  1. a) Why should you be reluctant to accept a $1500 payment from your neighbor to cover his automobile accidents in the next year?
  2. b) Why can the insurance company make that offer?
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Chapter 12 Solutions

Intro Stats, Books a la Carte Edition (5th Edition)

Ch. 12 - Prob. 6ECh. 12 - Cell phones and surveys A 2015 study conducted by...Ch. 12 - Cell phones and surveys II The survey by the...Ch. 12 - Pet ownership Suppose that 25% of people have a...Ch. 12 - Cooking and shopping Forty-five percent of...Ch. 12 - Sports What is the probability that a person likes...Ch. 12 - Sports again From Exercise 11, if someone doesnt...Ch. 12 - Late to the train A student figures that he has a...Ch. 12 - Field goals A nervous kicker usually makes 70% of...Ch. 12 - Titanic On the Titanic, the probability of...Ch. 12 - Prob. 16ECh. 12 - Facebook Facebook reports that 70% of its users...Ch. 12 - Prob. 18ECh. 12 - Prob. 19ECh. 12 - Prob. 20ECh. 12 - Prob. 21ECh. 12 - Online banking last time Given the probabilities...Ch. 12 - Sample spaces For each of the following, list the...Ch. 12 - Sample spaces II For each of the following, list...Ch. 12 - Prob. 25ECh. 12 - Rain The weather reporter on TV makes predictions...Ch. 12 - Winter Comment on the following quotation: What I...Ch. 12 - Snow After an unusually dry autumn, a radio...Ch. 12 - Auto insurance Insurance companies collect annual...Ch. 12 - Prob. 30ECh. 12 - Prob. 31ECh. 12 - Prob. 32ECh. 12 - Electronics Suppose that 46% of families living in...Ch. 12 - Homes Funding for many schools comes from taxes...Ch. 12 - Prob. 35ECh. 12 - Lefties Although its hard to be definitive in...Ch. 12 - Prob. 37ECh. 12 - Prob. 38ECh. 12 - Car repairs A consumer organization estimates that...Ch. 12 - Stats projects In a large Introductory statistics...Ch. 12 - More repairs Consider again the auto repair rates...Ch. 12 - Another project You are assigned to be part of a...Ch. 12 - Prob. 43ECh. 12 - Final project You used the Multiplication Rule to...Ch. 12 - Prob. 45ECh. 12 - Polling, part II According to Pew Research, the...Ch. 12 - Prob. 47ECh. 12 - Blood The American Red Cross says that about 45%...Ch. 12 - Prob. 49ECh. 12 - Disjoint or independent? In Exercise 48, you...Ch. 12 - Prob. 51ECh. 12 - The train To get to work, a commuter must cross...Ch. 12 - Prob. 53ECh. 12 - Pepsi For a sales promotion, the manufacturer...Ch. 12 - 9/11? On September 11, 2002, the first anniversary...Ch. 12 - Prob. 56ECh. 12 - Prob. 57ECh. 12 - Prob. 58ECh. 12 - Health The probabilities that an adult American...Ch. 12 - Immigration The table shows the political...Ch. 12 - Prob. 61ECh. 12 - Birth order, take 2 Look again at the data about...Ch. 12 - Batteries A junk box in your room contains a dozen...Ch. 12 - Prob. 64ECh. 12 - Eligibility A university requires its biology...Ch. 12 - Benefits Fifty-six percent of all American workers...Ch. 12 - Unsafe food Early in 2010, Consumer Reports...Ch. 12 - Prob. 68ECh. 12 - Prob. 69ECh. 12 - Politics Given the table of probabilities from...Ch. 12 - Gender A poll conducted by Gallup classified...Ch. 12 - Cars A random survey of autos parked in student...Ch. 12 - Prob. 73ECh. 12 - Prob. 74ECh. 12 - Late luggage Remember Leah (Exercise 73)? Suppose...Ch. 12 - Prob. 76ECh. 12 - Prob. 77ECh. 12 - Prob. 78ECh. 12 - Prob. 79ECh. 12 - Prob. 80ECh. 12 - Drunks Police often set up sobriety...Ch. 12 - No-shows An airline offers discounted...Ch. 12 - Prob. 83ECh. 12 - Parts A company manufacturing electronic...Ch. 12 - HIV testing In July 2005, the journal Annals of...Ch. 12 - Polygraphs Lie detectors are controversial...
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