Suppose a life insurance company sells a
$280,000
1-year term life insurance policy to a
20-year-old
female for
$270.
According to the National Vital Statistics Report, 58(21), the probability that the female survives the year is
0.999544.
Compute and interpret the expected value of this policy to the insurance company.
Answer:
$142.32, profit on sale of the policy
Step-by-step explanation:
You want to know the expected value of a $280,000 life insurance policy sold for $270, if the probability the insured will live for the year is 0.999544.
CostThe insurance company expects to have to pay the $280,000 death benefit for 0.000456 of the policies issued. That means their expected payout on any one policy is ...
0.000456 × $280,000 = $127.68
ProfitThe company gets a premium of $270 for the policy, so the expected value of the policy to the company is ...
$270 -127.68 = $142.32
The expected value of the policy to the company is $142.32.
This represents its profit from sale of the policy.
__
Additional comment
Of course, the company has expenses related to the policy, perhaps including a commission to the agent selling it, and expenses related to handling claims. That is to say that not all of the difference between the premium and the average death benefit is actually profit. It is what might be called "contribution margin."
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- Suppose y varies directly as x. If y = -7 when x = -14, find y when x=3
Answer:1.5
Step-by-step explanation:
Y=1/2 of x
Conduct the hypothesis test and provide the test statistic and the critical value, and state the conclusion. A person drilled a hole in a die and filled it with a lead weight, then proceeded to roll it 200 times. Here are the observed frequencies for the outcomes of 1, 2, 3, 4, 5, and 6, respectively: 29, 31, 49, 37, 26, 28. Use a 0.025 significance level to test the claim that the outcomes are not equally likely. Does it appear that the loaded die behaves differently than a fair die?
The loaded die appears to behave differently from a fair die.Based on the chi-square test, the loaded die does not exhibit equal probabilities for each outcome.
To test the claim that the outcomes of the loaded die are not equally likely, we can use the chi-square goodness-of-fit test. The null hypothesis (H₀) assumes that the outcomes are equally likely, while the alternative hypothesis (H₁) assumes that they are not equally likely.
Step 1: Set up hypotheses
H₀: The outcomes of the die are equally likely.
H₁: The outcomes of the die are not equally likely.
Step 2: Select the significance level
The significance level is given as 0.025, which means we have a two-tailed test and an alpha level of 0.025 for each tail.
Step 3: Compute the test statistic
We calculate the chi-square test statistic using the observed frequencies and the expected frequencies assuming equal probabilities for each outcome.
Expected frequencies (fair die):
1: 200/6 = 33.33
2: 200/6 = 33.33
3: 200/6 = 33.33
4: 200/6 = 33.33
5: 200/6 = 33.33
6: 200/6 = 33.33
Applying the chi-square formula, we get the test statistic:
χ² = ∑((observed - expected)² / expected)
Calculating this value, we get χ² ≈ 13.97.
Step 4: Determine the critical value
Since the significance level is 0.025 and the test is two-tailed, we divide the significance level by 2 to find the critical value associated with each tail. With 5 degrees of freedom (6 categories - 1), the critical value is approximately 11.07.
Step 5: Make a decision
The test statistic (13.97) is greater than the critical value (11.07), which leads us to reject the null hypothesis. Thus, we have evidence to suggest that the outcomes of the loaded die are not equally likely.
The loaded die appears to behave differently from a fair die.
In conclusion, based on the chi-square test, the loaded die does not exhibit equal probabilities for each outcome.
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Sample response: The product of two numbers with
different signs is negative, so 2(-12) = -24, not 24. Then
-24-(-30) = -24 + 30 = 6.
Select all the information you considered when writing
your response.
The product or quotient of two integers with
different signs is negative.
To subtract an integer, add its opposite.
To add integers with opposite signs, subtract the
absolute values. The sum has the same sign as the
integer with the greater absolute value.
By considering these rules and properties of integers, the correct result of 6 was obtained.
When writing the response, I considered the following information:
The product or quotient of two integers with different signs is negative. This rule was used to determine that 2(-12) equals -24, not 24.
To subtract an integer, add its opposite. This rule was applied when subtracting -30 from -24, resulting in -24 - (-30) = -24 + 30.
To add integers with opposite signs, subtract the absolute values. The sum has the same sign as the integer with the greater absolute value.
This rule was used to calculate -24 + 30 = 6, where the absolute value of 30 is greater than the absolute value of -24.
By considering these rules and properties of integers, the correct result of 6 was obtained.
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3, A cube has a volume of 12 167 cm’. Calculate: (a) the height of the cube. (b) the area of one face of the cube.
Answer:
A. \(V = a^{3}\)
a= V^1/3 = 12167^1/3 = 23cm
The height = 23cm
B. Area of one face of the cube = \(6*S^{2}\) = \(6*23^{2}\) = 3174\(cm^{2}\)
Step-by-step explanation:
A. To find the height of the cube, I used the cube root of the given volume, since the volume of a cube is equal to the cube root of its length/height
B. To find the area of one side of the cube, I sustitute S for the side length/height of the cube, which is 23cm. Then I multiplying the length of the cube's side by its width to find its area, since the length and width of a cube's side is the same.
please help quickly need
Answer:
Step-by-step explanation:
its 186
What do I’m supposed to do ?
Answer: okay so first solve for x which is going to be x=10
Step-by-step explanation:
Combine like terms:
2 x + x + x + 2x + 2x = 8x
-1 -3 = -4
The equation becomes 8x -4 = 76
If you need to solve it:
8x-4 = 76
Add 4 to both sides:
8x = 80
Divide both sides by 8:
X = 10
Share your own multi-step combination problem
My own multi-step combination problem is given below:
Amanda was planning a dinner party for 10 people, and she want to choose a menu of 3 fruit , 2 meat pie, and 2 desserts. Amanda have a total of 5 fruit , 4 meat pie, and 3 desserts to choose from. How many different dinner menus can Amanda create?How do you solve the multi-step combination?To solve this problem, Amanda need to use the formula for combinations and it is:
nCr = n! / (r! x (n-r)!)
where:
n = total number of items to select from
r is the number of items to select.
First, we have to calculate the number of ways to select 3 fruit from 5, hence it will be:
5C3
= 5! / (3! x (5-3)!)
= 10
Next, we have to calculate the number of ways to select 2 meatpie from 4 and it will be
4C2
= 4! / (2! x (4-2)!)
= 6
Lastly,, we need to calculate the number of ways to select 2 desserts from 3 and it will be:
3C2
= 3! / (2! x (3-2)!)
= 3
To have the total number of dinner menus, we have to multiply these three numbers together:
= 10 x 6 x 3
= 180
Therefore, one can say that Amanda have 180 different dinner menus that she can be create.
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f(x) = x2 - x - 1
What is the average rate of change of f over the interval -1 < x < 1?
Answer:
-1
Step-by-step explanation:
The average rate of change is the ratio of the difference in y-values to the difference in x-values of corresponding points.
At x=-1, f(x) = (-1)^2 -(-1) -1 = 1
At x=1, f(x) = (1)^2 -(1) -1 = -1
So, points on the graph are (-1, 1) and (1, -1).
Then the change in y over that interval is -1 -1 = -2.
The change in x over that interval is 1 -(-1) = 2.
The average rate of change is ...
∆y/∆x = -2/2 = -1 . . . . average rate of change on (-1, 1)
What are three intergers all less than 25 and a range of 10 and mean of 13
Answer:
7 15 178
Step-by-step explanation:
An art museum has 20 large cylindrical columns in its lobby. Each column has a height of 22 feet from
the floor to the ceiling and a diameter of 2.5 feet. If a gallon of paint covers 350 square feet, how
many gallons of paint must be purchased to paint the lateral surface area of all of the columns?
A cylinder is a three-dimensional structure formed by two parallel circular bases connected by a curving surface. The amount of paint needed to paint 20 pillars is 9.874 gallons.
What is a cylinder?A cylinder is a three-dimensional structure formed by two parallel circular bases connected by a curving surface. The circular bases' centers overlap each other to form a right cylinder.
The curved surface area of a single-cylinder with a diameter of 2.5 feet and a height of 22 feet will be,
Curved surface area = πDh = π × 2.5 × 22 = 172.7875 ft²
The total area of 20 pillar = 20 × 172.7875 ft² = 3,455.75191 ft²
Since a gallon of paint can cover only 350 ft², therefore, the amount of paint that will be needed to paint 3,455.75191 ft² can be written as,
\(\text{Amount of paint needed} = \dfrac{3,455.75191\rm\ ft^2}{350\rm\ ft^2} = 9.874\rm\ gallons\)
Hence, the amount of paint needed to paint 20 pillars is 9.874 gallons.
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What is the value of -x² - 4x - 11 if x = -3
Answer:
-74 your welcome
Step-by-step explanation:
What is the slope of line a?
• -4
• 4
• -1/4
• 1/4
Answer:
-1/4 is the correct answer
Step-by-step explanation:
you’re going down 1 and over 4 :)
x - y = -4
-5 + 6y = 22
The answer is (-2,2) but i just need to show the work for it so please help with that.
Answer:
(-2, 2).
Step-by-step explanation:
x - y = -4
-5x + 6y = 22 Multiply the first equation by 5:
5x - 5y = -20 Now Add the last 2 equations:
y = 2.
Substitute y = 2 in the first equation:
x - 2 = -4
x = -4 + 2
x = -2.
Answer:
x=1/2, y=9/2. (1/2, 9/2).
Step-by-step explanation:
x-y=-4
-5+6y=22
--------------
y=x-(-4)
y=x+4
-5+6(x+4)=22
-5+6x+24=22
6x+24-5=22
6x+19=22
6x=22-19
6x=3
x=3/6
x=1/2
y=1/2+4=1/2+8/2=9/2.
*I WIlL MARK U BRAINLYST*
Mark the angles and sides of each pair of triangles to indicate that they are congruent.
Answer:
C)
Step-by-step explanation:
Sides:
WX = FE
XY = EY
WY = FY
Angles:
∠W = ∠F
∠X = ∠E
∠Y = ∠Y
Answer:
a= x-f
b=y-b
Step-by-step explanation:
Nick is selling software and earns 12% of his sales as a commission If he sells a total of $668 in software this week, how much is his commission
Answer: $80.16 ($748.16)
Step-by-step explanation: This is a simple multiplication question. You multiply 668 by .12
(i'm doing your math in the middle of my math class. you're welcome.)
roblem 3
Austin’s mother is teaching him about balancing a checkbook. She shows him a list of her transactions from the previous week. The (+) represents money that was added to her account and the (-) represents money that she spent.
Gas –$32
Restaurant –$35.13
Gas –$38.07
Groceries –$119.50
Refund +5.95
Car Payment –$295
Pizza –$26.20
School supplies –$89.17
Cell phone bill –$96.63
Austin’s mother has $10.63 left in her account. How much money was originally in her account?
The amount of money originally in Austin's mother's account was $736.38.
What is arithmetic?In mathematics, it deals with numbers of operations according to the statements. There are four major arithmetic operators, addition, subtraction, multiplication, and division,
Here,
To find out how much money was originally in Austin's mother's account, we need to add up all of the transactions and then subtract that total from the amount of money she has left,
Total transactions = -$32 - $35.13 - $38.07 - $119.50 + $5.95 - $295 - $26.20 - $89.17 - $96.63 = -$725.75
Amount originally in account = $10.63 - (-$725.75) = $736.38
Therefore, the amount of money originally in Austin's mother's account was $736.38.
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A rectangle has a length of x + 4 cm and a width of 2x − 7 cm.
(a) If the perimeter is 36cm, what is the value of x?
(b) What is the area of this rectangle
Answer:
the value of x is 7
Step-by-step explanation:
First, find the half of the perimeter that is 36 divided by 2 which is 18
Next, write like this
18= l+w( length = width)
which means you have to get the sum of 18
so try sums of 18 randomly like
17 + 1
11 + 7
16+2 etc
but the thing is the value of x must be the same it must not be different so
11 + 7 will be suitable because
11 = 7 + 4
7 = 2 x 7 - 7 = 7
and to find the area which is l x b
11 x 7= 77sq. cm
please mark me the brainliest and a thanks too
Answer:
x=7
Step-by-step explanation:
7+4=11(2)=22
2(7)-7= 14-7= 7(2)=14
22+14=36
5. The total length of a beach towel is 28 inches. If there are o beaches
towels laid right next to each other side-by-side, what is the total length o
the towels?
The line 2x + 5y = 1 meets the curve x² + 5xy - 4y² + 10 = 0 at the points A and B
Answer:
A(3,-1) and B( -2,1)
Step-by-step explanation:
2x+5y=1. , or. y=(1–2x)/5………….(1)
x^2+5xy-4y^2+10=0…………………..(2)
Putting y=(1–2x)/5 from eqn. (1)
x^2+5x.(1–2x)/5–4/25.(1–2x)^2 +10=0
or. 25x^2+25x.(1–2x)-4.(1+4x^2–4x)+250 = 0
or. 25x^2+25x-50x^2–4–16x^2+16x+250=0
or. 41x^2–41x-246=0
or x^2– x - 6=0
or. (x-3).(x+2)=0
=> x= 3 or -2
But y=(1–2x)/5
=> y= (1–6)/5 or. (1+4)/5
hence, y= -1. or. 1
Find two positive numbers whose difference is 28 and whose product is 2720.
Answer:
68 and 40
Step-by-step explanation:
x - y = 28
x * y = 2720
x = 28 + y
(28+y)y = 2720
28y+y^2 = 2720
y^2 + 28y - 2720 = 0
discriminant = 28^2 - 4(-2720) = 784 + 10 880 = 11 644
we are searching only the positive value
y = (-28 + 108)/2 = 80/2 = 40
x = 28 + 40 = 68
This system of inequalities models the scenario: 4x + 2y ≤ 16 x + y ≥ 4 Part A: Describe the graph of the system, including shading and the types of lines graphed. Provide a description of the solution set. (4 points) Part B: Is the point (2, 3) included in the solution area for the system? Justify your answer mathematically. (3 points) Part C: Choose a different point in the solution set and interpret what it means in terms of the real-world context. (3 points) Source StylesFormatFontSize
In terms of part A, the solution set is a triangular region with vertices at (0,4), (2,3), and (4,0).
Part B: Yes, the point (2, 3) included in the solution area for the system. The solution of the inequalities is (4, 0).
Part C. I choose the point (1,3) in the solution set. This implies that Michael can buy 1 cupcake and 3 pieces of fudge with $16 as well as feed at least 4 siblings.
What is the system of inequalities?Part A: The inequalities limit Michael's purchase of cupcakes and fudge with $16 to feed at least 4 siblings. The first one, 4x + 2y ≤ 16, restricts the total cost to be $16 or less. To graph y ≤ -2x + 8, draw the line with slope -2 and y-intercept 8, and shade below it. The inequality x + y ≥ 4 means Michael must feed at least 4 siblings. It can be graphed as y ≥ -x + 4, a line with slope -1 and y-intercept 4. To graph the inequality, draw a dashed line with slope -1 and y-intercept 4. Shade the region above the line for y ≥ -x + 4. The solution set is the intersection of the shaded regions. Triangle with vertices (0,4), (2,3), and (4,0).
Part B:
To check if (2,3) is in solution area, we test if it satisfies both inequalities. We substitute x=2, y=3 into 4x + 2y ≤ 16 and get 14. When x=2 and y=3 in x+y≥4, we get 5, which is true. However, (2, 3) is not included in the solution area because it does not satisfy 2x+y≤8.
Part C:
Let select (2,2) in the solution set. Michael can buy 2 cupcakes and 2 pieces of fudge while feeding 4 siblings within his budget. Michael can spend $8 on 2 cupcakes and $4 on 2 fudge pieces to feed his siblings. Michael can buy various combinations of cupcakes and fudge within his budget to feed at least 4 siblings.
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See full question below
Michael has $16 and wants to buy a mixture of cupcakes and fudge to feed at least 4 siblings. Each cupcake costs $4, and each piece of fudge costs $2.
This system of inequalities models the scenario:
4x + 2y ≤ 16
x + y ≥ 4
Part A: Describe the graph of the system, including shading and the types of lines graphed. Provide a description of the solution set. (4 points)
Part B: Is the point (2, 3) included in the solution area for the system? Justify your answer mathematically. (3 points)
Part C: Choose a different point in the solution set and interpret what it means in terms of the real-world context. (3 points)
You have 12 pieces of candy and you eat 50% of the pieces. How many pieces of candy did you eat? Enter ONLY the number for your answer. *
Answer:
BLDM
Step-by-step explanation:
Answer:
6 pieces of candy
Step-by-step explanation:
50% is a half (of 100%)
12 pieces of candy in 100% divide by 2
6 = 50%
2. How is the sentence "9 less than x is-1" written as an equati
Answer:
x - 9 = -1
Step-by-step explanation:
When you see less than you switch the numbers. So, for instance, it says 9 less than x means x-9
What is the answer pleaseee
Answer: 803.84cm3
Step-by-step explanation:
The formula for finding the volume of a cylinder is πr2h.
In other words, the area of the top face's circle times the height.
To find the circle's area, we first find the radius of the circle. Since the diameter is 8cm, we divide by 2 to get the radius, which is 4cm.
4cm squared is 4cm x 4cm, which is 16cm. 16cm times 3.14 is 50.24cm squared.
Now, we have the area of the circle. 50.24cm squared!
The height is 16cm, so to find the cylinder, we times the area of the circle by the height of the cylinder! So,
16cm x 50.24cm squared = 803.84cm cubed.
The volume of the can of soup is 803.84cm cubed.
Write an equation for the line in slope-intercept form.
Please help ASAP!!!
Answer:
y= 3x + 5
Step-by-step explanation:
y
the intecept cross x=3 and y=5
Decide whether the following statement is true or false. An infinite number of triangles can be created using the same three angle measures
Answer:
True
Step-by-step explanation:
I took the test!
Answer:
true is the answer
There are an infinite number of triangles which can be constructed with angles measuring this.
There are an infinite number of lengths the sides of the triangles can be while the angles stay the same measure.
The total cost of 4 starfish was $7.20. Write and solve an equation to find how much one starfish cost.
Answer:
$1.80
Step-by-step explanation:
4x = 7.20
x = 1.80
What is the scale factor of the dilation?
PLEASE BE CORRECT
Consider the values for the CPI years below: 2008 the value was 215.303 2009 the value was 214.537 Calculate the absolute change for the CPI from 2008 to 2009.
Answer:
\(Absolute\ Change = -0.766\)
Step-by-step explanation:
Given
\(2008\ CPI = 215.303\)
\(2009\ CPI = 214.537\)
Required
Determine the absolute change
Absolute change is calculated as thus:
\(Absolute\ Change = 2009\ CPI - 2008\ CPI\)
\(Absolute\ Change = 214.537 - 215.303\)
\(Absolute\ Change = -0.766\)
Hence:
The absolute change from 2008 to 2009 is -0.766