Mathematics, 03.05.2021 06:30 theojw
Suppose that a life insurance company insures 4100 fifty-year-old people in a given year. (Assume death rate of 7 per 1000 people.) The cost of the premium is $400 per year, and the death benefit is $60,000. What is the expected profit or loss for the insurance company?
Answers: 2
Mathematics, 21.06.2019 20:20
Recall that the owner of a local health food store recently started a new ad campaign to attract more business and wants to know if average daily sales have increased. historically average daily sales were approximately $2,700. the upper bound of the 95% range of likely sample means for this one-sided test is approximately $2,843.44. if the owner took a random sample of forty-five days and found that daily average sales were now $2,984, what can she conclude at the 95% confidence level?
Answers: 1
Mathematics, 21.06.2019 22:30
If x-1 and x+3 are the factors of x3+10x2+ax+b find a and b
Answers: 1
Suppose that a life insurance company insures 4100 fifty-year-old people in a given year. (Assume de...
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