subject

Mathematics, 13.11.2019 18:31 Lingz

Acar insurance company has 2, 500 policy holders. the expected claim paid to a policy holder during a year is $1,000 with a standard deviation of $900. what premium should the company charge each policy holder to assure that with probability 0.999, the premium income will cover the cost of the claims? compute the answer both with chebyshev's inequality and with the clt.

ansver

Answers: 1

Show answers

Another question on Mathematics

question

Mathematics, 21.06.2019 16:00

Mr and mrs smith buy tickets for themselves and their four children. the cost of an adult ticket is ? 6 more than the adult ticket. the total cost of the six tickets is ? 40.50 work out the cost of an adult ticket. in your working let c be the cost of the child ticket and a be the cost of the adult ticket.

Answers: 1

question

Mathematics, 21.06.2019 19:40

Ascatter plot with a trend line is shown below. which equation best represents the given data? y = x + 2 y = x + 5 y = 2x + 5

Answers: 1

question

Mathematics, 21.06.2019 23:30

Simplify. 3(4+4x) (type your answer in with no spaces)

Answers: 1

question

Mathematics, 22.06.2019 01:30

Which ordered pair is the best estimate for the solution of the system of equations? the graph of the system of equations : y = 3/2x +6 and y=1/4x - 2 , -3) .5, -3.5) , -4) , -3.5)

Answers: 3

You know the right answer?

Acar insurance company has 2, 500 policy holders. the expected claim paid to a policy holder during...

Questions

question

History, 26.08.2019 18:10

Did george washington actually say, "when any nation mistrusts its citizens with guns, it is sending a clear message. it no longer trusts its citizens...

question

Health, 26.08.2019 18:10

Potassium supplements are prescribed for a client receiving diuretic therapy. what client statement indicates that the teaching about potassium supple...

question

Business, 26.08.2019 18:10

According to federal regulations, an irb must have at least two community members to fulfill membership requirements; one member whose expertise is n...

question

Business, 26.08.2019 18:10

When assessing fraud risk, a. fraud risk is assessed only at the overall financial statement level. b. the auditor's assessment of fraud...

question

Geography, 26.08.2019 18:10

Total species diversity, or species richness, across all communities within a geographic area is referred to as diversity....

question

English, 26.08.2019 18:10

Read the line from "84" by rabindranath tagore. in the joy of your heart may you feel the living joy that sang one spring morning, sending its glad vo...

question

History, 26.08.2019 18:10

In the bhagavad-gita the primary story concerns a war between two forces, good versus evil. nevertheless, arjuna’s concern about participating has to...

question

Computers and Technology, 26.08.2019 18:10

If (x is greater than 50) and (y is less than 20) output ""yes"" else output ""no"" assuming x equals 55 and y equals 25 then the output would be:...

question

Business, 26.08.2019 18:10

Consider the relationship between average product and marginal product, and then choose the correct statement. a. when marginal product exceeds averag...

question

English, 26.08.2019 18:10

Editorial: in ledland, unemployed adults receive government assistance. to reduce unemployment, the government proposes to supplement the income of t...

question

Health, 26.08.2019 18:10

The belief that nature selects the traits best suited to enable an individual to survive and reproduce, is most consistent with the perspective....

question

Business, 26.08.2019 18:10

Ivy ledbetter lee, one of the founders of public relations and often dubbed "poison ivy," actually believed that honesty and directness were better th...

question

Chemistry, 26.08.2019 18:10

Which one of the following substances is the product of this combination reaction? al (s) + i2 (s) → ) ali2(b) ali(c) ali3(d) al2i3(e) al3i2...

question

Mathematics, 26.08.2019 18:10

The points a(0, 0), b(0, 4a - 5) and c(2a + 1, 2a + 6) form a triangle. if angle abc = 90, what is the area of triangle abc? (a) 102(b) 120(c) 132(d)...

question

Business, 26.08.2019 18:10

Whenever deven and laura owe each other money, they "pay" each other using stickers. they've agreed that a harry potter sticker is worth 49 dollars an...

question

Social Studies, 26.08.2019 18:10

Charles works as a program analyst for devon co., an it company. he feels a strong sense of belonging toward the company and works with both dedicatio...

question

Business, 26.08.2019 18:10

Which of the following best describes the problems associated with using the bertrand model to analyze an oligopoly when firms produce an identical go...

question

Social Studies, 26.08.2019 18:10

Jean is an exceptionally qualified executive and entered the company at the same time as other employees, all of whom are male. in the six years since...

question

Business, 26.08.2019 18:10

If the central bank decreases the amount of reserves banks are required to hold from 20% to 10%, then: a. the money multiplier will increase a...

question

Social Studies, 26.08.2019 18:10

9. ensuring the uninterrupted flow of information' describes which key communications and information systems principle? (a) reliability, scalability,...

More questions: Mathematics Another questions

Questions on the website: 13722363