Mathematics, 12.09.2019 00:30 heyitseddie06
In any year, the weather can inflict storm damage to a home. from year to year, the damage is random. let y denote the dollar value of damage in any given year: suppose that in 95% of the years y = $0, but in 5% of the years y = $2.
a. what is the mean and the standard deviation of the damage to a home in any given year?
b. consider an "insurance pool" of 100 people whose homes are sufficiently dispersed so that, in any given year, the damage to different homes are viewed as independently distributed random variables. let y denote the average damage to these 100 homes in a year. (i) what is the expected value of the average damage y ? (ii) what is the probability that y exceeds $2000?
Answers: 3
Mathematics, 21.06.2019 14:30
Explain why the two figures below are not similar. use complete sentences and provide evidence to support your explanation. (10 points) figure abcdef is shown. a is at negative 4, negative 2. b is at negative 3, 0. c is at negative 4, 2. d is at negative 1, 2. e
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Mathematics, 21.06.2019 19:00
Lucy and donavan measured the length of the school garden. lucys measurement is 11.3m and donavans measurement is 113 cm. could both be correct? explain
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Mathematics, 21.06.2019 20:00
Fred has a spinner that is split into four equal sections: red, blue, green, and yellow. fred spun the spinner 688 times. which of the following would be a good estimate of the number of times the spinner lands on the green section? a. 269 b. 603 c. 344 d. 189
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In any year, the weather can inflict storm damage to a home. from year to year, the damage is random...
English, 25.09.2019 16:10
English, 25.09.2019 16:10
English, 25.09.2019 16:10
English, 25.09.2019 16:10
English, 25.09.2019 16:10
English, 25.09.2019 16:10
English, 25.09.2019 16:10