The value of amount to be paid by the insurance company from the provided option the replacement value of the building is $ 43,0000 , face value of the policy is $ 225,000 and coinsurance clause is 70 % , amount of the loss is $ 15,0000 .

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Problem 5 Consider the hospital admissions table presented in the lecture: 刊 Outcome LWBS Admitted Hospital 1 195 Hospital 2 270 Hospital 3 246 Hospital 4 242 1277 1558 1350 984 Not Admitted 3820 5163 4728 3103 Part A: What is the conditional probability that you were admitted if you went to hospital 3? Part B: What is the conditional probability that you went to hospital 3 if you were admitted?

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Chapter 19.II, Problem 14RE

To determine

To calculate: The value of amount to be paid by the insurance company from the provided option the replacement value of the building is $ 43,0000, face value of the policy is $ 225,000 and coinsurance clause is 70 %, amount of the loss is $ 15,0000.

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Problem 5 Consider the hospital admissions table presented in the lecture: 刊 Outcome LWBS Admitted Hospital 1 195 Hospital 2 270 Hospital 3 246 Hospital 4 242 1277 1558 1350 984 Not Admitted 3820 5163 4728 3103 Part A: What is the conditional probability that you were admitted if you went to hospital 3? Part B: What is the conditional probability that you went to hospital 3 if you were admitted?

QUAT6221wA1 Accessibility Mode Immersiv Q.1.2 Match the definition in column X with the correct term in column Y. Two marks will be awarded for each correct answer. (20) COLUMN X Q.1.2.1 COLUMN Y Condenses sample data into a few summary A. Statistics measures Q.1.2.2 The collection of all possible observations that exist for the random variable under study. B. Descriptive statistics Q.1.2.3 Describes a characteristic of a sample. C. Ordinal-scaled data Q.1.2.4 The actual values or outcomes are recorded on a random variable. D. Inferential statistics 0.1.2.5 Categorical data, where the categories have an implied ranking. E. Data Q.1.2.6 A set of mathematically based tools & techniques that transform raw data into F. Statistical modelling information to support effective decision- making. 45 Q Search 28 # 00 8 LO 1 f F10 Prise 11+

Students - Term 1 - Def X W QUAT6221wA1.docx X C Chat - Learn with Chegg | Cheg X | + w:/r/sites/TertiaryStudents/_layouts/15/Doc.aspx?sourcedoc=%7B2759DFAB-EA5E-4526-9991-9087A973B894% QUAT6221wA1 Accessibility Mode பg Immer The following table indicates the unit prices (in Rands) and quantities of three consumer products to be held in a supermarket warehouse in Lenasia over the time period from April to July 2025. APRIL 2025 JULY 2025 PRODUCT Unit Price (po) Quantity (q0)) Unit Price (p₁) Quantity (q1) Mineral Water R23.70 403 R25.70 423 H&S Shampoo R77.00 922 R79.40 899 Toilet Paper R106.50 725 R104.70 730 The Independent Institute of Education (Pty) Ltd 2025 Q Search L W f Page 7 of 9