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Hurricane insurance
An insurance company needs to assess the risks associated with providing hurricane insurance. Between 1990 and 2006, Florida was hit by 22 tropical storms or hurricanes. If tropical storms and hurricanes are independent and the mean has not changed, what is the probability of having a year in Florida with each of the fol- lowing. (Note that 1990 to 2006 is 17 years.)
a) No hits?
b) Exactly one hit?
c) More than three hits?
let x be a random variable that represents the monthly electric bills in a certain city. data shows that x is
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scores on a national exam assume a normal distribution with a population mean of 50 and population standard deviation
The probability that a student passes a written test for a private pilot's license is 0.75. What is the probability that a student will fail the test on the first attempt and pass it on the second attempt?
What is the probability that booking will require less than 2 hours? What is the probability that booking will require between 2 and 5 hours? What is the probability that booking will require more than 5 hours?
Let F be a closed set in R whose complement is the union of disjoint open intervals (an, bn ) from part (a). Let f be a continuous real-valued function on F . Extend f to be linear on [an, bn ], or if an or bn is infinite, extend f to be constant ..
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A researcher studies the average distance that 130 people who are living in U.S. urban areas walk each week: What is the size of the sample? Identify the population.
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