Mathematics, 24.09.2019 01:00 kathrynway5955
An insurance company insures red and green cars. an actuary compiles the following data: color of car red green number insured 300 700 probability an accident occurs 0.10 0.05 probability that the claim exceeds the deductible, given an accident occurs from this group 0.90 0.80 the actuary randomly picks a claim from all claims that exceed the deductible. calculate the probability that the claim is on a red car.
Answers: 1
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Given are five observations for two variables, x and y. xi 1 2 3 4 5 yi 3 7 5 11 14 which of the following is a scatter diagrams accurately represents the data? what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? try to approximate the relationship betwen x and y by drawing a straight line through the data. which of the following is a scatter diagrams accurately represents the data? develop the estimated regression equation by computing the values of b 0 and b 1 using equations (14.6) and (14.7) (to 1 decimal). = + x use the estimated regression equation to predict the value of y when x = 4 (to 1 decimal). =
Answers: 3
An insurance company insures red and green cars. an actuary compiles the following data: color of c...
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