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 16:00, brandondees25
Afurniture manufacturer produces chairs and sofas. each chair requires 10 yards of fabric, and each sofa requires 20 yards of fabric. the manufacturer has 300 yards of fabric available. to fulfill orders, the number of sofas must be at least twice the number of chairs. let x be the number of chairs and y the number of sofas. which inequalities are described in the problem? check all of the boxes that apply
Answers: 2
Mathematics, 21.06.2019 16:00, blackwhiteroses383
Which graph represents the solution set for the given system of inequalities? x+2y< 3 x+y> 4 3x-2y> 4
Answers: 2
In any year, the weather can inflict storm damage to a home. from year to year, the damage is random...
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