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An automobile insurance company divides customers into three categories: good risks, medium risks, and poor risks. Assume that a total of 14,051 customers, 6,525 are good risks, 1,847 are medium risk and the rest are poor risks. As part of an audit, one customer is chosen at random. What is the probability that the customer is not a poor risk? Round to two decimal places.
If the agent has 15 appointments with potential buyers. What is the expected number of sales she would make from 15 appointments?
Construct a contingency table for the relationship between degree of anger and the incidence of heart disease.- Among those with no anger symptoms, what percentage had coronary heart disease?
The probability that husband and wife will b alive after 20 years from now is 0.8 and 0.9 respectively.find the probability that in 20 years time 1. both will b alive 2. neither of them will b alive 3. atleast one of them will be alive?
What is the difference between data, information, and knowledge? In your opinion, when does data become information and information become knowledge? Support your answer with relevant examples. Why is meaningful and correct data analysis-statistic..
Provide a 350- to 700-word summary of your results, including graphical representations of your findings. Plot the information on your graph.
Sucker bet. Consider the following gambling game. Player 1 picks a three coin pattern (for example, HTH) and player 2 picks another (say THH).
Let X1, X21 • • • Xio denote a random sample of size 10 from a population which has a normal distribution with unknown mean 0 and variance a2 = 2. (a) Find the Uniformly Most Powerful (UMP) test of size a = 0.01 for testing the simple hypotheses
Which of the following models are appropriate to forecast a time series whose amplitude increases over time?
in order to estimate the mean amount of time computer users spend on the internet each month how many computer users
Of those not having lung disease, 25.3% are smokers. Determine the probability that a randomly selected smoker has lung disease.
If it is determined that a difference in the average hours of work missed due to illness is not the same for the three shifts.
In situations for which the parameter of interest is the difference in population means for independent samples, is it necessary for the two samples sizes.
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