antwain2
25.01.2020 •
Mathematics
An insurance company claims that in the entire population of homeowners, the mean annual loss from fire is --$250 and the standard deviation of the loss is ơ-$1000. the distribution of losses is strongly right-skewed: many policies have $0 loss, but a few have large losses. an auditor examines a random sample of 10,000 of the company's policies. if the company's clairm is correct, what's the probability that the average loss from fire in the sample is no greater than $275?
Solved
Show answers
More tips
- S Style and Beauty How to Properly Apply Eye Makeup: Tips from a Professional Makeup Artist...
- A Animals and plants How ants survive winter: exploring the secrets of their winter life...
- F Food and Cooking Discover How to Properly Prepare Dough for Rasstegai...
- P Philosophy Unidentified Flying Object - What is the Nature of this Phenomenon?...
- F Family and Home Protect Your Home or Apartment from Pesky Ants...
- O Other What is a Disk Emulsifier and How Does it Work?...
- F Family and Home What does a newborn need?...
- F Family and Home Choosing the Right Car Seat for Your Child: Tips and Recommendations...
- F Food and Cooking How to Get Reconfirmation of Registration?...
- C Computers and Internet How to Get Rid of Spam in ICQ?...
Answers on questions: Mathematics
- M Mathematics 85 is 170% of what number?...
- M Mathematics What is x + 4y = 48 in function form..?...
- M Mathematics PLEASE HELP ME THANKSS Solve |2x + 13| 15....
- M Mathematics PLEASE HELP THANKS Solve |b - 7| + 5 = 3....
- M Mathematics PLEASE HELP EM THANKS Solve |c - 2| = 10....
- M Mathematics X+7=18-2x solve for x please...
- M Mathematics Quick calculation 1+2+3+ ... +100=?...
- M Mathematics What is 4 over 92 in simplest form... He...
- M Mathematics El gráfico muestra los días que dura el gas de una cocina de acuerdo a las horas diarias que se utiliza. Calcular el valor de “x + y”. (Porfa rapido con explicacion y RPTA...
- M Mathematics Ifn (A) = 35, n (B) = 27 and n(AB) = 15, find n (A - B) and n(B - A)....
Ответ:
the probability that the average loss from fire in the sample is no greater than $275 is 0.9938
Step-by-step explanation:
given information:
mean, μ = $250
std deviation, σ = $1000
random sample, n = 10000
x = $275
P( ∠_ 275) = P(z < (z ∠ (x - μ)/(σ/√n))
= P (z ∠ (275 - 250)/(1000/√10000)
= P(z ∠ 2.5)
= 0.9938
Ответ: