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Policyholders of a certain insurance company have accidents at times distributed according to a Poisson process with rate λ. The amount of time from when the accident occurs until a claim is made has distribution G.
(a) Find the probability there are exactly n incurred but as yet unreported claims at time t.
(b) Suppose that each claim amount has distribution F, and that the claim amount is independent of the time that it takes to report the claim. Find the expected value of the sum of all incurred but as yet unreported claims at time t.
use the given data to find the minimum sample size required to estimate a population proportion or percentage. margin
What kind of model is the above model and what factors are un-estimable? What is the resolution and why - determine the active factors that affect the light intensity.
From past experience, a server at a restaurant knows that her tips follow a right-skewed distribution with mean $6 and standard deviation $4.
What is the probability of getting- Four or more on a single toss of a fair die and Ace or king on a single pick from a well-shu?ed standard deck of cards?
Use these statistics to construct a 94% confidence interval for the mean monthly consumption for the population of all Ontario households.
three contestants a b and c each have a balloon and a pistol. from fixed positions they fire at each others balloons.
a random sample of 360 medical doctors showed that 106 had a solo practice. as a news writer how would you report the
let a b and c be independent random variables uniformly distributed over 07 08 and 03 respectively. what is the
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A multicenter clinical trial involving 17,000 patients suspected of having acute myocardial infarction was conducted. The vascular death rate after 5 weeks was compared in patients receiving aspirin versus those not receiving aspirin
What is the 95% confidence interval for the proportion of all delinquent customer accounts at this manufacturing company?
normally distributed with a population mean of 2.5 and a population standard deviation of .5. Compute the following, showing all work: The percentage of students with GPA's above 3.0 is?
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