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A man pays $400 for a 1 year life insurance with coverage of $200,000.Given his age, he has a .995 chance of living for at least another year. What is the expected value of the policy? Should he buy it or not ? Why or Why not?
A patient is tested for TB at a medical clinic
consider the following. give your answers correct to two decimal places.a determine the value of the confidence
suppose the heights of sons and fathers has a correlation of 0.6 and both sons and fathers have an average height of 68
At a certain college, there were 700 science majors, 100 engineering majors, and 500 business majors. If one student was selected at random, the probability that they are an engineering major is?
you start with scatterplots and correlation before regression; scatterplots need to be much more refined to be of use; so, you have a relationship - how much of the variation does the model explain and what are the practical conclusions?
the student newspaper called campus press polled a simple random sample of 280 undergraduate students in order to study
During the last week of the semester , students at a certain college spends on the average 4.2 hours using the school's computer terminals with a standard deviation of 1.8 hours .for a random sampling of 36 students at that collage.
Suppose there was 2,500 cards in the inventory and how would the results be useful to the owner to estimate the total value of the inventory. What equation is best?
in a hospital the time of birth of a baby within an hour interval eg between 500 and 600 in the morning is uniformly
Determine if the tires were exceeding the guarantee. At the .05 significant level, it was concluded that the tires are exceeding the manufacturer's guarantee.
Discuss some of the advantages and disadvantages of the WHO protocol versus the single test. Give the assumptions that you have made in carrying out calculations.
i. how many strings of ten digits length can be formed using only the digits 12345? digits may be used more than once
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