Reference no: EM131426198
Fuel Consumption and Cars
An automobile insurance policy depends on many factors, including the vehicle type, year, make, and model, type of coverage, your driving history, your insurance score based on claims history, payment history, and credit score, and your state of residence. Suppose that for some driver category, the probability distribution for the random variable Y, the amount (in dollars) paid to policyholders for claims in one year, is given in the table below.
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X
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0
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500
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1000
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5000
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10000
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P(y)
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0.65
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0.20
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0.10
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0.04
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0.01
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a. Find P(Y > 0).
b. Find P(Y ≤ 1000).
c. What is the probability that a randomly selected driver is paid $5000?
d. Suppose two drivers are selected at random. What is the probability that both are paid $1000?
e. Suppose two drivers are selected at random. What is the probability that at least one is paid $500 or more?
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Describe the experimental method
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Identify a major consumer product and the company
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Impact of the internet on the macro-environment
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Write a short paper on one of the following scientific event
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What is probability that at least one is paid given amount
: Suppose two drivers are selected at random. What is the probability that both are paid $1000?- Suppose two drivers are selected at random. What is the probability that at least one is paid $500 or more?
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Write a sytematic literature review on religious tolerance
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Problem solver and a leader
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Insurance policies viewed as contracts of adhesion
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Design a promotional brochure for a mental health facility
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