Introduction to Statistics and Data Analysis
5th Edition
ISBN: 9781305750999
Author: Peck Olson Devore
Publisher: CENGAGE C
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Chapter 12.1, Problem 7E
To determine
Give the conclusions that can be drawn from the given test.
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30. An individual who has automobile insurance from a certain company is randomly selected. Let Y be the num- ber of moving violations for which the individual was cited during the last 3 years. The pmf of Y isy | 1 2 4 8 16p(y) | .05 .10 .35 .40 .10
a.Compute E(Y).b. Suppose an individual with Y violations incurs a surcharge of $100Y^2. Calculate the expected amount of the surcharge.
24. An insurance company offers its policyholders a num- ber of different premium payment options. For a ran- domly selected policyholder, let X = the number of months between successive payments. The cdf of X is as follows:
F(x)=0.00 : x < 10.30 : 1≤x<30.40 : 3≤ x < 40.45 : 4≤ x <60.60 : 6≤ x < 121.00 : 12≤ x
a. What is the pmf of X?b. Using just the cdf, compute P(3≤ X ≤6) and P(4≤ X).
Chapter 12 Solutions
Introduction to Statistics and Data Analysis
Ch. 12.1 - A particular cell phone case is available in a...Ch. 12.1 - From the given information in each case below, use...Ch. 12.1 - Prob. 3ECh. 12.1 - The article “In Bronx, Hitting Home Runs Is A...Ch. 12.1 - Prob. 5ECh. 12.1 - The paper Sociochemosensory and Emotional...Ch. 12.1 - Prob. 7ECh. 12.1 - Prob. 8ECh. 12.1 - The report “Fatality Facts 2004: Bicycles”...Ch. 12.1 - Prob. 10E
Ch. 12.1 - Prob. 11ECh. 12.1 - A certain genetic characteristic of a particulai...Ch. 12.1 - Prob. 13ECh. 12.2 - A particular state university system has six...Ch. 12.2 - A random sample of 1000 registered voters in a...Ch. 12.2 - Prob. 16ECh. 12.2 - Prob. 17ECh. 12.2 - Prob. 18ECh. 12.2 - Prob. 19ECh. 12.2 - Prob. 20ECh. 12.2 - Prob. 21ECh. 12.2 - Prob. 22ECh. 12.2 - Prob. 23ECh. 12.2 - Prob. 24ECh. 12.2 - Prob. 25ECh. 12.2 - Prob. 26ECh. 12.2 - Prob. 27ECh. 12.2 - Prob. 28ECh. 12.3 - Prob. 29ECh. 12.3 - Prob. 30ECh. 12.3 - Can people tell the difference between a female...Ch. 12.3 - The following passage is from the paper Gender...Ch. 12.3 - The article titled Nap Time...Ch. 12.3 - Using data from a national survey, the authors of...Ch. 12 - Each observation in a random sample of 100 bicycle...Ch. 12 - The color vision of birds plays a role in their...Ch. 12 - Prob. 37CRCh. 12 - Prob. 38CRCh. 12 - Prob. 39CRCh. 12 - Prob. 40CRCh. 12 - Prob. 41CRCh. 12 - Prob. 42CRCh. 12 - Prob. 43CRCh. 12 - Prob. 44CR
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