Basic Technical Mathematics
11th Edition
ISBN: 9780134437705
Author: Washington
Publisher: PEARSON
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Chapter 24.7, Problem 1PE
To determine
The dimensions of the strongest beam that can be cut from a log with a circular cross section that is 12.0 in. in diameter.
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Questions
An insurance company's cumulative incurred claims for the last 5 accident years are given
in the following table:
Development Year
Accident Year 0
2018
1 2 3 4
245 267 274 289 292
2019
255 276 288 294
2020
265 283 292
2021
263 278
2022
271
It can be assumed that claims are fully run off after 4 years. The premiums received for
each year are:
Accident Year Premium
2018
306
2019
312
2020
318
2021
326
2022
330
You do not need to make any allowance for inflation.
1. (a) Calculate the reserve at the end of 2022 using the basic chain ladder method.
(b) Calculate the reserve at the end of 2022 using the Bornhuetter-Ferguson method.
2. Comment on the differences in the reserves produced by the methods in Part 1.
A population that is uniformly distributed between a=0and b=10 is given in sample sizes
50( ),
100( ),
250( ),
and
500( ).
Find the sample mean and the sample standard deviations for the given data. Compare your results to the average of means for a sample of size 10, and use the empirical rules to analyze the sampling error. For each sample, also find the standard error of the mean using formula given below.
Standard Error of the
Mean =sigma/Root
Complete the following table with the results from the sampling experiment.
(Round to four decimal places as needed.)
Sample Size
Average of 8 Sample Means
Standard Deviation of 8 Sample Means
Standard Error
50
100
250
500
survey of
5050
young professionals found that they spent an average of
$20.5620.56
when dining out, with a standard deviation of
$11.4111.41.
Can you conclude statistically that the population mean is greater than
$2323?
Use a 95% confidence interval.
Question content area bottom
Part 1
The 95% confidence interval is
left bracket nothing comma nothing right bracketenter your response here, enter your response here.
As
$2323
is
▼
of the confidence interval, we
▼
can
cannot
conclude that the population mean is greater than
$2323.
(Use ascending order. Round to four decimal places as needed.)
Chapter 24 Solutions
Basic Technical Mathematics
Ch. 24.1 - For the parabola y = 4 − x2, at the point (3, −5)...Ch. 24.1 - Prob. 2PECh. 24.1 - Prob. 1ECh. 24.1 - Prob. 2ECh. 24.1 - Prob. 3ECh. 24.1 - Prob. 4ECh. 24.1 - Prob. 5ECh. 24.1 - Prob. 6ECh. 24.1 - Prob. 7ECh. 24.1 - Prob. 8E
Ch. 24.1 - Prob. 9ECh. 24.1 - Prob. 10ECh. 24.1 - Prob. 11ECh. 24.1 - Prob. 12ECh. 24.1 - In Exercises 11–14, find the equations of the...Ch. 24.1 - Prob. 14ECh. 24.1 - Prob. 15ECh. 24.1 - Prob. 16ECh. 24.1 - Prob. 17ECh. 24.1 - Prob. 18ECh. 24.1 - Prob. 19ECh. 24.1 - Prob. 20ECh. 24.1 - Prob. 21ECh. 24.1 - Where does the normal line to the parabola y = x —...Ch. 24.1 - Prob. 23ECh. 24.1 - Prob. 24ECh. 24.1 - A certain suspension cable with supports on the...Ch. 24.1 - Prob. 26ECh. 24.1 - Prob. 27ECh. 24.1 - Prob. 28ECh. 24.1 - Prob. 29ECh. 24.1 - Prob. 30ECh. 24.2 -
In Example 1, let x1 = 0.3, and find x2.
EXAMPLE...Ch. 24.2 - Prob. 1ECh. 24.2 - Prob. 2ECh. 24.2 - Prob. 3ECh. 24.2 - Prob. 4ECh. 24.2 - Prob. 5ECh. 24.2 - Prob. 6ECh. 24.2 - Prob. 7ECh. 24.2 - Prob. 8ECh. 24.2 - Prob. 9ECh. 24.2 - Prob. 10ECh. 24.2 - Prob. 11ECh. 24.2 - Prob. 12ECh. 24.2 - Prob. 13ECh. 24.2 - Prob. 14ECh. 24.2 - Prob. 15ECh. 24.2 - Prob. 16ECh. 24.2 - Prob. 17ECh. 24.2 - Prob. 18ECh. 24.2 - Prob. 19ECh. 24.2 - Prob. 20ECh. 24.2 - Prob. 21ECh. 24.2 - Prob. 23ECh. 24.2 - Prob. 24ECh. 24.2 - Prob. 25ECh. 24.2 - Prob. 27ECh. 24.2 - Prob. 28ECh. 24.2 - Prob. 29ECh. 24.2 - Prob. 30ECh. 24.3 - Prob. 1PECh. 24.3 - Prob. 1ECh. 24.3 - Prob. 2ECh. 24.3 - Prob. 3ECh. 24.3 - Prob. 4ECh. 24.3 - Prob. 5ECh. 24.3 - Prob. 6ECh. 24.3 - Prob. 7ECh. 24.3 - Prob. 8ECh. 24.3 - Prob. 9ECh. 24.3 - Prob. 10ECh. 24.3 - Prob. 11ECh. 24.3 - Prob. 12ECh. 24.3 - Prob. 13ECh. 24.3 - Prob. 14ECh. 24.3 - Prob. 15ECh. 24.3 - Prob. 16ECh. 24.3 - In Exercises 11–30, find the indicated velocities...Ch. 24.3 - Prob. 18ECh. 24.3 - Prob. 19ECh. 24.3 - Prob. 20ECh. 24.3 - Prob. 21ECh. 24.3 - Prob. 22ECh. 24.3 - Prob. 23ECh. 24.3 - Prob. 24ECh. 24.3 - Prob. 25ECh. 24.3 - Prob. 26ECh. 24.3 - Prob. 27ECh. 24.3 - Prob. 28ECh. 24.3 - Prob. 29ECh. 24.3 - Prob. 30ECh. 24.4 - In Example 2, change each 10 to 12, and then...Ch. 24.4 - In Exercises 1 and 2, make the given changes in...Ch. 24.4 - In Exercises 1 and 2, make the given changes in...Ch. 24.4 - In Exercises 3–6, assume that all variables are...Ch. 24.4 - In Exercises 3–6, assume that all variables are...Ch. 24.4 - In Exercises 3–6, assume that all variables are...Ch. 24.4 - In Exercises 3–6, assume that all variables are...Ch. 24.4 - Prob. 7ECh. 24.4 - Prob. 8ECh. 24.4 - Prob. 9ECh. 24.4 - Prob. 10ECh. 24.4 - Prob. 11ECh. 24.4 - Prob. 12ECh. 24.4 - Prob. 13ECh. 24.4 - Prob. 14ECh. 24.4 - Prob. 15ECh. 24.4 - In Exercises 7–42, solve the problems in related...Ch. 24.4 - Prob. 17ECh. 24.4 - Prob. 18ECh. 24.4 - Prob. 19ECh. 24.4 - Prob. 20ECh. 24.4 - Prob. 21ECh. 24.4 - Prob. 22ECh. 24.4 - Prob. 23ECh. 24.4 - Prob. 24ECh. 24.4 - Prob. 25ECh. 24.4 - Prob. 26ECh. 24.4 - Prob. 27ECh. 24.4 - In Exercises 7–42, solve the problems in related...Ch. 24.4 - In Exercises 7–42, solve the problems in related...Ch. 24.4 - In Exercises 7–42, solve the problems in related...Ch. 24.4 - Prob. 31ECh. 24.4 - Prob. 32ECh. 24.4 - Prob. 33ECh. 24.4 - Prob. 34ECh. 24.4 - Prob. 35ECh. 24.4 - Prob. 36ECh. 24.4 - In Exercises 7–42, solve the problems in related...Ch. 24.4 - Prob. 38ECh. 24.4 - Prob. 39ECh. 24.4 - Prob. 40ECh. 24.4 - Prob. 41ECh. 24.4 - Prob. 42ECh. 24.5 - Prob. 1PECh. 24.5 - Prob. 2PECh. 24.5 - Prob. 1ECh. 24.5 - Prob. 2ECh. 24.5 - Prob. 3ECh. 24.5 - Prob. 4ECh. 24.5 - Prob. 5ECh. 24.5 - Prob. 6ECh. 24.5 - Prob. 7ECh. 24.5 - Prob. 8ECh. 24.5 - Prob. 9ECh. 24.5 - Prob. 10ECh. 24.5 - Prob. 11ECh. 24.5 - Prob. 12ECh. 24.5 - Prob. 13ECh. 24.5 - Prob. 14ECh. 24.5 - Prob. 15ECh. 24.5 - Prob. 16ECh. 24.5 - Prob. 17ECh. 24.5 - Prob. 18ECh. 24.5 - Prob. 19ECh. 24.5 - Prob. 20ECh. 24.5 - Prob. 21ECh. 24.5 - Prob. 22ECh. 24.5 - Prob. 23ECh. 24.5 - Prob. 24ECh. 24.5 - Prob. 25ECh. 24.5 - Prob. 26ECh. 24.5 - Prob. 27ECh. 24.5 - Prob. 28ECh. 24.5 - Prob. 29ECh. 24.5 - Prob. 30ECh. 24.5 - Prob. 31ECh. 24.5 - Prob. 32ECh. 24.5 - Prob. 33ECh. 24.5 - Prob. 34ECh. 24.5 - Prob. 35ECh. 24.5 - Prob. 36ECh. 24.5 - Prob. 37ECh. 24.5 - Prob. 38ECh. 24.5 - Prob. 39ECh. 24.5 - Prob. 40ECh. 24.5 - Prob. 41ECh. 24.5 - Prob. 42ECh. 24.5 - Prob. 43ECh. 24.5 - Prob. 44ECh. 24.5 - Prob. 45ECh. 24.5 - Prob. 46ECh. 24.5 - Prob. 47ECh. 24.5 - Prob. 48ECh. 24.5 - Prob. 49ECh. 24.5 - Prob. 50ECh. 24.5 - Prob. 51ECh. 24.5 - Prob. 52ECh. 24.5 - Prob. 53ECh. 24.5 - Prob. 54ECh. 24.5 - Prob. 55ECh. 24.5 - Prob. 56ECh. 24.5 - Prob. 57ECh. 24.5 - Prob. 58ECh. 24.6 - Prob. 1PECh. 24.6 - Prob. 1ECh. 24.6 - Prob. 2ECh. 24.6 - Prob. 3ECh. 24.6 - Prob. 4ECh. 24.6 - Prob. 5ECh. 24.6 - Prob. 6ECh. 24.6 - Prob. 7ECh. 24.6 - Prob. 8ECh. 24.6 - Prob. 9ECh. 24.6 - Prob. 10ECh. 24.6 - Prob. 11ECh. 24.6 - Prob. 12ECh. 24.6 - Prob. 13ECh. 24.6 - Prob. 14ECh. 24.6 - Prob. 15ECh. 24.6 - Prob. 16ECh. 24.6 - Prob. 17ECh. 24.6 - Prob. 18ECh. 24.6 - Prob. 19ECh. 24.6 - Prob. 20ECh. 24.6 - Prob. 21ECh. 24.6 - Prob. 22ECh. 24.6 - Prob. 23ECh. 24.6 - Prob. 24ECh. 24.6 - Prob. 25ECh. 24.6 - Prob. 26ECh. 24.6 - Prob. 27ECh. 24.6 - Prob. 28ECh. 24.6 - Prob. 29ECh. 24.6 - Prob. 30ECh. 24.6 - Prob. 31ECh. 24.6 - Prob. 32ECh. 24.7 - Prob. 1PECh. 24.7 - Prob. 2PECh. 24.7 - Prob. 1ECh. 24.7 - Prob. 2ECh. 24.7 - The height (in ft) of a flare shot upward from the...Ch. 24.7 - Prob. 4ECh. 24.7 - Prob. 5ECh. 24.7 - Prob. 6ECh. 24.7 - Prob. 7ECh. 24.7 - Prob. 8ECh. 24.7 - Prob. 9ECh. 24.7 - Prob. 10ECh. 24.7 - Prob. 11ECh. 24.7 - Prob. 12ECh. 24.7 - In deep water, the velocity of a wave is , where a...Ch. 24.7 - Prob. 14ECh. 24.7 - Prob. 15ECh. 24.7 - Prob. 16ECh. 24.7 - A microprocessor chip is being designed with a...Ch. 24.7 - Prob. 18ECh. 24.7 - What are the dimensions of the largest rectangular...Ch. 24.7 - A rectangular storage area is to be constructed...Ch. 24.7 - Prob. 21ECh. 24.7 - Prob. 22ECh. 24.7 - Prob. 23ECh. 24.7 - Prob. 24ECh. 24.7 - Prob. 25ECh. 24.7 - Prob. 26ECh. 24.7 - Prob. 27ECh. 24.7 - Prob. 28ECh. 24.7 - Prob. 29ECh. 24.7 - Prob. 30ECh. 24.7 - Prob. 31ECh. 24.7 - Prob. 32ECh. 24.7 - Prob. 33ECh. 24.7 - What is the minimum slope of the curve y = x5 −...Ch. 24.7 - Prob. 35ECh. 24.7 - Prob. 36ECh. 24.7 - Prob. 37ECh. 24.7 - Prob. 38ECh. 24.7 - Prob. 39ECh. 24.7 - Prob. 40ECh. 24.7 - Prob. 41ECh. 24.7 - Computer simulation shows that the drag F (in N)...Ch. 24.7 - Prob. 43ECh. 24.7 - The potential energy E of an electric charge q due...Ch. 24.7 - An open box is to be made from a square piece of...Ch. 24.7 - Prob. 46ECh. 24.7 - Prob. 47ECh. 24.7 - Prob. 48ECh. 24.7 - An oil pipeline is to be built from a refinery to...Ch. 24.7 - Prob. 50ECh. 24.7 - Prob. 51ECh. 24.7 - Prob. 52ECh. 24.7 - Prob. 53ECh. 24.7 - Prob. 54ECh. 24.8 - Prob. 1PECh. 24.8 - Prob. 2PECh. 24.8 - Prob. 1ECh. 24.8 - Prob. 2ECh. 24.8 - Prob. 3ECh. 24.8 - Prob. 4ECh. 24.8 - Prob. 5ECh. 24.8 - Prob. 6ECh. 24.8 - Prob. 7ECh. 24.8 - Prob. 8ECh. 24.8 - Prob. 9ECh. 24.8 - Prob. 10ECh. 24.8 - Prob. 11ECh. 24.8 - Prob. 12ECh. 24.8 - Prob. 13ECh. 24.8 - Prob. 14ECh. 24.8 - Prob. 15ECh. 24.8 - Prob. 16ECh. 24.8 - Prob. 17ECh. 24.8 - Prob. 18ECh. 24.8 - Prob. 19ECh. 24.8 - Prob. 20ECh. 24.8 - Prob. 21ECh. 24.8 - Prob. 22ECh. 24.8 - Prob. 23ECh. 24.8 - Prob. 24ECh. 24.8 - Prob. 25ECh. 24.8 - Prob. 26ECh. 24.8 - Prob. 27ECh. 24.8 - Prob. 28ECh. 24.8 - Prob. 29ECh. 24.8 - Prob. 30ECh. 24.8 - Prob. 31ECh. 24.8 - Prob. 32ECh. 24.8 - Prob. 33ECh. 24.8 - Prob. 34ECh. 24.8 - Prob. 35ECh. 24.8 - Prob. 36ECh. 24.8 - Prob. 37ECh. 24.8 - Prob. 38ECh. 24.8 - Prob. 39ECh. 24.8 - Prob. 40ECh. 24.8 - Prob. 41ECh. 24.8 - Prob. 42ECh. 24.8 - Prob. 43ECh. 24.8 - Prob. 44ECh. 24 - Prob. 1RECh. 24 - Prob. 2RECh. 24 - Prob. 3RECh. 24 - Prob. 4RECh. 24 - Prob. 5RECh. 24 - Prob. 6RECh. 24 - Prob. 7RECh. 24 - Prob. 8RECh. 24 - Prob. 9RECh. 24 - Prob. 10RECh. 24 - Prob. 11RECh. 24 - Prob. 12RECh. 24 - Prob. 13RECh. 24 - Prob. 14RECh. 24 - Prob. 15RECh. 24 - Prob. 16RECh. 24 - Prob. 17RECh. 24 - Prob. 18RECh. 24 - Prob. 19RECh. 24 - Prob. 20RECh. 24 - Prob. 21RECh. 24 - Prob. 22RECh. 24 - Prob. 23RECh. 24 - Prob. 24RECh. 24 - Prob. 25RECh. 24 - Prob. 26RECh. 24 - Prob. 27RECh. 24 - In Exercises 25–32, sketch the graphs of the given...Ch. 24 - Prob. 29RECh. 24 - Prob. 30RECh. 24 - Prob. 31RECh. 24 - Prob. 32RECh. 24 - Prob. 33RECh. 24 - Prob. 34RECh. 24 - Prob. 35RECh. 24 - Prob. 36RECh. 24 - Prob. 37RECh. 24 - Prob. 38RECh. 24 - Prob. 39RECh. 24 - Prob. 40RECh. 24 - Prob. 41RECh. 24 - Prob. 42RECh. 24 - Prob. 43RECh. 24 - Prob. 44RECh. 24 - Prob. 45RECh. 24 - Prob. 46RECh. 24 - Prob. 47RECh. 24 - Prob. 48RECh. 24 - Prob. 49RECh. 24 - Prob. 50RECh. 24 - Prob. 51RECh. 24 - Prob. 52RECh. 24 - In Exercises 49–94, solve the given problems.
53....Ch. 24 - Prob. 54RECh. 24 - Prob. 55RECh. 24 - Prob. 56RECh. 24 - The deflection y (in m) of a beam at a horizontal...Ch. 24 - Prob. 58RECh. 24 - Prob. 59RECh. 24 - Prob. 60RECh. 24 - Prob. 61RECh. 24 - Prob. 62RECh. 24 - In Fig. 24.75, the tension T supports the 40.0-N...Ch. 24 - Prob. 64RECh. 24 - Prob. 65RECh. 24 - Prob. 66RECh. 24 - An analysis of the power output P (in kW/m3) of a...Ch. 24 - The altitude h (in ft) of a certain rocket as a...Ch. 24 - Prob. 69RECh. 24 - Prob. 70RECh. 24 - Prob. 71RECh. 24 - Prob. 72RECh. 24 - Prob. 73RECh. 24 - A special insulation strip is to be sealed...Ch. 24 - Prob. 75RECh. 24 - Prob. 76RECh. 24 - Prob. 77RECh. 24 - Prob. 78RECh. 24 - Prob. 79RECh. 24 - Prob. 80RECh. 24 - Prob. 81RECh. 24 - Prob. 82RECh. 24 - Prob. 83RECh. 24 - Prob. 84RECh. 24 - Prob. 85RECh. 24 - Prob. 86RECh. 24 - Prob. 87RECh. 24 - Prob. 88RECh. 24 - Prob. 89RECh. 24 - Prob. 90RECh. 24 - Prob. 91RECh. 24 - Prob. 92RECh. 24 - Prob. 93RECh. 24 - Prob. 94RECh. 24 - Prob. 95RECh. 24 - Prob. 1PTCh. 24 - Prob. 2PTCh. 24 - Prob. 3PTCh. 24 - Prob. 4PTCh. 24 - Prob. 5PTCh. 24 - Prob. 6PTCh. 24 - Prob. 7PTCh. 24 - Prob. 8PTCh. 24 - Prob. 9PTCh. 24 - Prob. 10PT
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