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Difficulty level*is 5.8077747 38% of students taking exam P will pass the exam. 5% of students are taking exam P having used ADAPT. 79% of the students using ADAPT pass the exam. What is the probability of passing the exam if a student does not use ADAPT? A) 0.24 B) 0.27 C) 0.30 D) 0.33 E) 0.36
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
The value P(S<875,000) is closest to which of the following values A) 0.00 B) 0.05 C) 0.10 D) 0.15 E) 0.20
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
corresponding property damage claim. Let . From prior experience we know Var(X)=144, Var(Y)=64 and Var(X+Y)=308. It is expected that bodily injury claims will rise 10% next year and property damage will rise by a fixed amount of 5. Let injury and property damage. Compute A) 327 B) 343 C) 373 D) 432 E) 441 be the new trial of bodily .
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
time she has owned the house and be the time until the first claim. and have the following joint distribution:
Compute E(Y).
A) B) C) D) E)
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
The company purchases an insurance policy with deductible 5 to cover these losses. Compute the variance of the company's loss not covered by insurance. A) 0.53 B) 0.59 C) 0.62 D) 0.64 E) 0.67
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
*ADAPT questions have a difficulty definition on a scale from 1 to 10 with 1 representing easy and 10 representing very difficult.
Note it wasn't necessary to compute P(Y=0) and P(Y=1) but it was helpful to make sure that the probability that someone in the population used the drug was 2% and making sure that the column added up to be 1. The last row also needs to add up to be 1.
Then
We need P(S<875,000)
By Taylor's Theorem,
Let represent the 50 claims from Group B. Since claim values are independent
x
i =1 50 i =1
50
is normal with mean 50(10, 000) = 500, 000 and variance 50(1000)2 = 50, 000, 000 is normal with mean 50(20, 000) = 1, 000, 000 and variance 50(2000)2 = 200, 000, 000
50
y
So
1 50
Let
By Baye's rule
So,