The probability which insurer pays less than $500 in total claims for the given situation is equals to 0.8626 or about 86.26%.
Use the law of total probability and break down the probability of paying less than 500 in total claims based on the number of claims.
If there are 0 claims,
Then the insurer pays $0, which is less than $500.
The probability of this is 0.5.
If there is 1 claim, then the insurer pays the amount claimed, which is uniformly distributed between 100 and 500.
The probability of paying less than $500 is the same as the probability of the claim being less than $500.
=(500-100)/(500-100)
= 1.
The overall probability of there being 1 claim is 0.25.
If there are 2 claims, then the insurer pays the total amount claimed, which is uniformly distributed between 200 and 1000.
Trapezoid bounded
(200,0), (500,0), (500,1), and (1000,1)
Rectangle bounded by
(200,0), (1000,0), (1000,1), and (200,1).
Area of the trapezoid is (500+200)/2 × 1 = 350,
Area of the rectangle is (1000-200) × 1 = 800,
Probability is 350/800 = 0.4375.
Overall probability of there being 2 claims is 0.15.
If there are 3 claims, then the insurer pays the total amount claimed, which is uniformly distributed between 500 and 2000.
Trapezoid bounded by
(500,0), (500,1), (2000,1), and (500,0.75)
Rectangle bounded by
(500,0), (2000,0), (2000,1), and (500,1).
Area of the trapezoid is (500+500)/2 × 0.25 = 125
Area of the rectangle is (2000-500) ×1 = 1500,
Probability is 125/1500 = 0.0833.
The overall probability of there being 3 claims is 0.1.
Use the law of total probability,
P(paying less than $500)
= P(0 claims) × 1 + P(1 claim) × 0.8 + P(2 claims) × 0.4375 + P(3 claims) × 0.0833
= 0.5 × 1 + 0.25 ×0.8 + 0.15 × 0.4375 + 0.1 ×0.0833
= 0.8626
Therefore, the probability that the insurer pays less than $500 in total claims for the year is 0.8626 or about 86.26%.
Learn more about probability here
brainly.com/question/30701071
#SPJ4
In a run chart, the variable being measured is typically placed on what axis?
(A) X axis
(B) Y axis
(C) Either axis
(D) Neither axis;
HELP ASAP!!!!!!!!!!!
Answer:
C
Step-by-step explanation:
the statement (y<1/2x -4) reads "y is LESS than 1/2 x -4."
to fulfil this statement, follow these steps.
1) graph the line 1/2x -4, there will be a yintercept at (0,-4). Also the slope will be increasing (left to right) because 1/2 has no negative sign before it.
2) recognize the inequality sign. In this situation, the solution does NOT INCLUDE THE LINE, rather it includes the area BELOW/LESS THAN the line. If this, < had a line under it, it would mean less than OR equal to.
3) know that if the line is not included, the line will be broken. If the line IS included, which it is not, it would be a solid line.
Answer:
C
Step-by-step explanation:
First, graph the equation:
The y-intercept is -4.
And the slope is 1/2, an upward sloping line.
So, our graph should be either A, B, or C.
D is not correct, so eliminate that.
So, our inequality is:
\(y<\frac{1}{2}x-4\)
Note that this inequality is strictly less than. There's no "or equal to" bar. Therefore, our line should be dotted.
Thus, eliminate A and B.
So, C is our answer
Further notes:
The inequality sign means that y is less than the equation. In other words, our shaded region should be below the line.
In C, the shaded area is indeed below the line.
So, C is indeed our answer :)
Please HELP
X Y
1 12.3
2 19.6
3 26.9
4 34.2
5 41.5
Graph the function shown by the table. Is the function linear or nonlinear?
a. linear
b. nonlinear
(show steps)
a rectangle has area 81 m2. express the perimeter of the rectangle as a function of the length l of one of its sides.
Let l be the length of the rectangle and w be the width of the rectangle. Therefore, the area of the rectangle is given by the formula:
We know that the area of the rectangle is given as 81m².
So, 81 = lw
Let's solve for w: w = 81/l
The perimeter of the rectangle is given by the formula: Perimeter of Rectangle = 2(Length + Width)P
= 2(l + w)
Substituting the value of w from the above equation: P = 2(l + 81/l) This is the required expression to calculate the perimeter of the rectangle in terms of length. In order to find the perimeter of a rectangle, we need to know the length and width of the rectangle. We can then use the formula for the perimeter of a rectangle, P = 2(l + w), and substitute the value of w that we just found: P = 2(l + 81/l) This is the required expression to calculate the perimeter of the rectangle in terms of length l.
To know more about rectangle visit:
https://brainly.com/question/15019502
#SPJ11
Ubstitute the value for the variable, and state in a complete sentence whether the resulting number sentence is true or false. 20 > 86 − ℎ. Substitute 46 for ℎ.
Answer:
The number sentence is false.
Step-by-step explanation:
The inequality given is
20 > 86 − ℎ
We are to substitute the value of h as 46 to see if the inequality is true or false.
20 > 86 - 46
20 > 40
Since 20 is not greater than 40, the number sentence is false.
I really need help on this, how do you get 20 as a denominator and 19 as a numerator in the end answer? Pls help
Answer:
ADD them
Step-by-step explanation:
11 1/5+ 5 1/4 is 19/20
If you were subtracting the fractions your answer would be different (look at attachment)
Answer:
To find the difference of the weights, you must subtract the smaller number from the bigger number.
First, we want to convert both mixed numbers to improper fractions
5 1/4 = 20/4 + 1/4 = 21/4
11 1/5 = 55/5 + 1/5 = 56/5
Now, we make the denominator for both to be equal to 20, and subtract to get the answer: 119/20, or about 5.95 pounds.
Let me know if this helps!
Consider the following LP problem with two constraints: 44X+43Y>=1892 and 23X+21Y=483. The objective function is Min 5X+38Y. What combination of X and Y will yield the optimum solution for this problem? a. 21,0 b. infeasible problem C. 13,8.7619 d. unbounded problem e. 0,23
Answer:
The combination of X and Y that will yield the optimum solution for this problem is C. 13,8.7619.
Consider the following LP problem with two constraints:
44X+43Y>=1892
23X+21Y=483.
The objective function is Min 5X+38Y.
First, convert the inequality into an equation.
44X + 43Y = 1892
Find the value of X when
Y = 0.44X + 43(0)
= 1892X = 1892/44X
= 43
Next, we will find the value of Y when
X = 0.44(0) + 43Y
= 1892Y
= 1892/43Y
= 44
Next, find the optimal solution by plotting the equation on the graph.
The equation is represented by a line.
The line passes through two points: (0, 44) and (43, 0).Plot the line and draw the feasible region that satisfies all of the constraints. We can then determine the optimal solution.
Now, the intersection of the two lines is (13, 8.7619).
Therefore, the combination of X and Y that will yield the optimum solution for this problem is C. 13,8.7619.
Learn more about LP problem with two constraints on the given link:
https://brainly.com/question/14309521
#SPJ11
the false positive rate, p( |n), for a test is given as 0.04. what is the specificity for this test? group of answer choices 0.96 0.04 not enough information given no answer text provided.
Since, the false positive rate, p( |n), for a test is given as 0.04. The specificity for this test is 0.96.
Based on the information provided, the false positive rate for the test is 0.04. To find the specificity, you can use the following relationship:
Specificity = 1 - False Positive Rate
Step 1: Identify the false positive rate (0.04).
Step 2: Subtract the false positive rate from 1.
To find the specificity for a test given the false positive rate, we subtract the false positive rate from 1. So, the specificity for this test would be:
specificity = 1 - false positive rate
specificity = 1 - 0.04
specificity = 0.96
Specificity = 1 - 0.04 = 0.96
Your answer: The specificity for this test is 0.96.
Learn more about Positive:
brainly.com/question/23709550
#SPJ11
How much Vanilla extract Will be needed to make 2 dozen cookies?
As you answer the following questions, write explanations for why your current answer is correct
The amount of vanilla extract that will be needed to be able to make 2 dozen cookies is 2 teaspoons of vanilla extract
How to find the amount of vanilla extract ?The recipe given will be able to yield 1 . 5 dozen of Oatmeal Raisin Cookies which means that the 1 . 5 teaspoons of vanilla extract will be needed for 1. 5 dozens of Oatmeal Raisin Cookies.
If you are to make 2 dozen cookies therefore, it means that the recipe would require a higher amount of vanilla extract which can be found by the formula:
= ( Dozen cookies needed x teaspoons in 1 .5 dozen ) / 1 . 5 dozen
= ( 2 x 1 . 5 ) / 1 . 5
= 2 teaspoons of vanilla extract
Find out more on recipes at https://brainly.com/question/5963614
#SPJ1
the total cost of a laptop computer is $1278.24. The local sales tax rate is 7.6% what is the retail price?
Answer:
x = 1187.96
Step-by-step explanation:
Let x = price before tax
tax = x* 7.6%
tax = .076x
The cost of the computer is price before tax plus tax
cost = x + .076x
cost = 1.076x
1278.24 = 1.076x
Divide each side by 1.076
1278.24/1.076 = 1.076x/1.076
x=1187.9553
Rounding to the nearest cent
x = 1187.96
… I hope this help you
Which expression is equivalent to (2 cubed) Superscript negative 5? StartFraction 1 Over 2 Superscript 15 Baseline EndFraction StartFraction 1 Over 2 Superscript 8 Baseline EndFraction 28 215.
The expression which is equivalent to (2 cubed) Superscript negative 5 is; (1/2¹⁵)
Equivalent expressionsAccording to the question;
We are required to determine which expression is equivalent to (2 cubed) Superscript negative 5.The expression is therefore; (2³)-⁵
Hence, upon evaluation; it follows that;
(2³)-⁵ = 2-¹⁵= (1/2¹⁵)Read more on equivalent expressions;
https://brainly.com/question/220161
Answer:
A
Step-by-step explanation:
plz only answer if u know the correct answer and get points
Answer:
c
Step-by-step explanation:
To calculate the volume of a cuboid (the shape shown) you need 3 values:
Width, length and height.
As we already have the width and length, we need the height and we can determine the height from the picture of the shape that is shown. In this case the height would be either RU or ST. We look at the possible answers to see if any of the possible answers match our possible solutions - in this case ST.
Therefore the answer would be a) ST
HELP ASAP PLEASE WILL MARK BRAINIEST
Answer:
40
this needs to be 20 characters but its multiple choice so it doesnt
matter
Answer:
x= 40
Step-by-step explanation:
The alternate interior angles are the same degree
so x+30=70
simplify
x=40
if w=span{u1,u2}, determine whether each of the following vectors is in w⊥
w⊥ (read "w perp") is the set of all vectors that are orthogonal (perpendicular) to every vector in w. In other words, if v is in w⊥, then v is perpendicular to both u1 and u2.
Now, onto the specific question. We have w=span{u1,u2}, which means that w is the set of all linear combinations of u1 and u2. In other words, any vector in w can be written as c1u1 + c2u2 for some constants c1 and c2.
To determine whether a vector is in w⊥, we need to check if it is perpendicular to both u1 and u2. We can do this using the dot product.
Recall that the dot product of two vectors u and v is defined as u·v = ||u|| ||v|| cos(θ), where ||u|| and ||v|| are the magnitudes of u and v, and θ is the angle between them. If u and v are perpendicular, then cos(θ) = 0 and their dot product is 0 as well.
So, for each vector we are given, we can compute its dot product with u1 and u2 and check if they are both 0.
If they are, then the vector is in w⊥. If not, then the vector is not in w⊥.
To know more about linear algebra refer here:
https://brainly.com/question/1952076?#
SPJ11
What one is it?? Because I am having a hard time figuring it out. If anyone could help it would mean a lot, thanks
Answer:
the first one
Step-by-step explanation:
Compute the directional derivative of the functionf(x,y)=2xy−3y2,at the point P0=(5,5)in the direction of the vector u = 4i + 3j.
The directional derivative of the function f(x,y) = 2xy - 3y^2 at the point P0 = (5,5) in the direction of the vector u = 4i + 3j is 6√2.
Explanation:
The directional derivative measures the rate of change of a function in a specific direction. It is denoted by ∇_u f(x,y), where u is the unit vector in the direction of interest. To compute the directional derivative, we need to take the dot product of the gradient of f with the unit vector u.
First, we need to find the gradient of f(x,y).
∇f(x,y) = [2y, 2x - 6y]
Next, we need to normalize the vector u to get the unit vector in the direction of interest.
|u| = √(4^2 + 3^2) = 5
u^ = (4/5)i + (3/5)j
Taking the dot product of the gradient of f with the unit vector u, we get:
∇_u f(x,y) = ∇f(x,y) · u^ = [2y, 2x - 6y] · (4/5)i + (3/5)j
At the point P0 = (5,5), we have:
∇_u f(5,5) = [2(5), 2(5) - 6(5)] · (4/5)i + (3/5)j = 10(4/5) + (-6)(3/5) = 8 - 3.6 = 4.4
Therefore, the directional derivative of f(x,y) at the point P0 = (5,5) in the direction of the vector u = 4i + 3j is:
∇_u f(5,5) = 4.4
Finally, we need to scale the result by the magnitude of the vector u to get the directional derivative in the direction of u.
Directional derivative = ∇_u f(5,5) / |u| = 4.4 / 5 = 0.88 * √(2)
Directional derivative = 6√2.
To learn more about dot product click here, brainly.com/question/29097076
#SPJ11
help please i need help
Answer:i cant see the problem?
Step-by-step explanation:try reuploding it
Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question. Round answers to 0 decimal places, e.g. 5,275.)
Answer:
Insurance Expense (Dr.) $200
Prepaid Insurance (Cr.) $200
Supplies expense (Dr.) $1,250
Cash (Cr.) $1,250
Depreciation Expense (Dr.) $424
Accumulated depreciation Building (Cr.) $304
Accumulated Depreciation Equipment (Cr.) $120
Interest Expense (Dr.) $200
Interest Payable (Cr.) $200
Unearned Rent Revenue (Dr.) $2,200
Rent Revenue (Cr.) $2,200
Salaries Expense (Dr.) $700
Salaries Payable (Cr.) $700
Step-by-step explanation:
Three column ledger has particular, debit and credit columns in which all the entries which are recorded in journal entries are posted to have a clear view of the expense and income.
can some 1 answer this pls
Answer:
you are right
Step-by-step explanation:
x²-2x-8≠0
⇒ (x-4)(x+2)≠0 ⇒ x≠-2 x≠4
Please answer correctly !!!!!!!!!!!!!!! Will mark brianliest !!!!!!!!!!!!!!!!!!!!!!
What is the simplified form of the expression ?5c^2d-4c+3d-3+2c^2d-3c+d-7
A. 3c^2d-7c+2d-10
B. 3c^2d-7c+4d-10
C. 7c^2d-7c+2d-10
D. 7c^2d-7c+4d-10
Answer:
C
− 7 c + 4 d + 7 c 2 d − 10
Step-by-step explanation:
You fill up your car's gas tank with $18.56 worth of gas. You pay the
cashier $20.00.
Answer:
You are left with $1.44
Step-by-step explanation:
Subtract the amount of money you payed to how much the cost actually was to get your answer.
Amelia i going to invet $47,000 and leave it in an account for 5 year. Auming the interet i compounded continuouly, what interet rate, to the nearet tenth of a percent, would be required in order for Amelia to end up with $64,000?
The nearest tenth of a percent, would be required in order is 7.23%
What is compounded continuosuly ?
Continuous compounding means that there is no limit to how often interest can compound. Compounding continuously can occur an infinite number of times, meaning a balance is earning interest at all times.
What is percent ?
Percentages are essentially fractions where the denominator is 100. To show that a number is a percent, we use the percent symbol (%) beside the number. For example, if you got 75 questions right out of 100 on a test (75/100), you would have scored 75%
Have given,
I invested $47,000
in 5 year I want to make my money in $64,000
Then I want more than \(\frac{64000-47000}{5}\) = $3400 money every year,
Let x is my percentage,
\(\frac{47000 * x}{100} = 3400\)
x = 7.23%
The nearest tenth of a percent, would be required in order is 7.23%
To learn more about compounded continuosuly visit : brainly.com/question/13391612
#SPJ4
Determine if the following vector field is conservative on its domain. If so, find a potential function. F = (2y,2x+z2,2yz)
To determine if the vector field F = (2y,2x+z²,2yz) is conservative, we need to check if it satisfies the condition that the curl of F is equal to zero.
Using the curl formula, we can calculate the curl of F:
curl(F) = (∂Fz/∂y - ∂Fy/∂z, ∂Fx/∂z - ∂Fz/∂x, ∂Fy/∂x - ∂Fx/∂y)
= (2z, 0, 2y)
Since the curl of F is not equal to zero, we can conclude that F is not conservative.
Therefore, there does not exist a potential function for F.
A vector field is said to be conservative if it can be expressed as the gradient of a scalar potential function. In other words, if F = ∇f for some scalar function f, then F is conservative. The curl of a conservative vector field is always zero, and the converse is also true. Therefore, to determine if a vector field is conservative, we can check if its curl is zero. If the curl is not zero, then the vector field is not conservative and does not have a potential function.
To know more about function visit :-
https://brainly.com/question/11624077
#SPJ11
A quarterback throws an incomplete pass. The height of the football at time t is modeled by the equation h(t) = –16t2 + 40t + 7. Rounded to the nearest tenth, the solutions to the equation when h(t) = 0 feet are –0.2 s and 2.7 s. Which solution can be eliminated and why?
A quarterback throws an incomplete pass. The height of the football at time t is modeled by the equation h(t) = –16t² + 40t + 7. Rounded to the nearest tenth, the solutions to the equation when h(t) = 0 feet are –0.2 s and 2.7 s.
the solution to be eliminated is -0.2s this is because time do not have negative values
What is a quadratic equation?ax² + bx + c = 0 is a quadratic equation, which is a second-order polynomial equation in a single variable. a.
It has at least one solution because it is a second-order polynomial equation, which is guaranteed by the algebraic fundamental theorem. The answer could be real or complex.
Considering the given function, the answer is both real one is negative the other is positive.
The solution in this case represents time, and time of negative value do not apply in real life
Learn more about quadratic equation at:
https://brainly.com/question/1214333
#SPJ1
what 2 numbers does 10 fall between
Answer:
9 and 11
Step-by-step explanation:
Answer:
1 and 11
Step-by-step explanation:
In 2022, Skylar sold equipment for $99,800 cash and a $998,000 note due in two years. Skylar's cost of the property was $798,400, and he had deducted depreciation of $479,040.
How much gain can be deferred under the installment sale method?
So the amount of gain that can be deferred under the installment sale method is $424,879.16.
What is percent?Percent is a way of expressing a number as a fraction of 100. The word "percent" means "per hundred" in Latin. When a number is expressed as a percentage, it is usually accompanied by the "%" symbol. Percentages are commonly used in many areas of everyday life, such as finance, taxes, and statistics. They are often used to express changes or differences, such as percentage increases or decreases in prices or quantities, or the percentage of people who hold a certain opinion or belong to a certain group.
Here,
To calculate the gain that can be deferred under the installment sale method, we need to first calculate the total gain on the sale. The total gain is equal to the selling price minus the adjusted basis of the property, which is the cost minus the accumulated depreciation.
Selling price = $99,800 cash + $998,000 note = $1,097,800
Adjusted basis = $798,400 - $479,040 = $319,360
Total gain = $1,097,800 - $319,360 = $778,440
To calculate the gain that can be deferred, we need to determine the gross profit percentage. The gross profit percentage is equal to the total gain divided by the selling price:
Gross profit percentage = Total gain / Selling price = $778,440 / $1,097,800 ≈ 0.7097 or 70.97%
Now we can calculate the amount of gain that can be deferred using the formula:
Gain deferred = Gross profit percentage × Payments received
Since the note is due in two years, Skylar will receive half of the payments in 2022 and the other half in 2023. Therefore, the payments received in 2022 are:
$99,800 + ($998,000 / 2) = $598,800
Substituting into the formula, we get:
Gain deferred = 0.7097 × $598,800 = $424,879.16
To know more about percent,
https://brainly.com/question/29172752
#SPJ1
Find the first three nonzero terms in the Maclaurin polynomial approximation of . Then use your answer to find the first three nonzero terms in the Maclaurin polynomial approximation of f(x) = x tan x^2
Maclaurin polynomial approximation of f(x) = x tan x^2 are x^2, 0, and -(x^6)/6.
The Maclaurin polynomial approximation of f(x) = sin x is given by: f(x) ≈ x - (x^3)/3!. To find the first three nonzero terms, we expand the polynomial: f(x) ≈ x - (x^3)/6. Next, we substitute x^2 for x in the expression to find the Maclaurin polynomial approximation of f(x) = x tan x^2: f(x) = (x^2) tan (x^2) ≈ (x^2) - ((x^2)^3)/6. Simplifying further, we have: f(x) ≈ x^2 - (x^6)/6. Therefore, the first three nonzero terms in the Maclaurin polynomial approximation of f(x) = x tan x^2 are x^2, 0, and -(x^6)/6.
Learn more about Maclaurin series and polynomial approximations here:
https://brainly.com/question/31962620
#SPJ11
A study is done to determine the attitudes of male university students towards careers. The researcher interviews 100 of the male students enrolled in a first-year course at the university. What is the sample in this situation?
all university students
male university students
the male students taking this course
the 100 male students interviewed
Answer:
I need the answer
Step-by-step explanation:
Answer:
Step-by-step explanation:
The sample is the part of the population that somebody wants to study. therefore, the sample is the 100 male students interviewed
34. Samir can rent a moving truck from
Company A for $135 plus $0.50
per mile or from Company B for
$125 plus $0.70 per mile. Which
statement is true?
A. Renting from Company A will
always be cheaper.
B. Renting from Company B will
always be cheaper.
C. Renting from both companies
will cost the same if Samir
drives the truck 50 miles.
D. Renting from Company B will
be cheaper if Samir drives
the truck 100 miles. Which statement is true?
The true statement is that renting from Company B will be cheaper if Samir drives the truck 100 miles. Then the correct option is D.
What is a linear equation?The linear equation is given as,
y = mx + c
Where m = the slope of the line
c is the y-intercept of the line.
Let y be the total amount and x be the number of miles.
Samir can rent a moving truck from Company A for $35 plus $0.50 per mile. Then the equation will be
y = 0.5x + 35 ....1
Company B for $25 plus $0.70 per mile. then the equation will be
y = 0.7x + 25 ....2
For the same rent, the number of miles will be
0.7x + 25 = 0.5x + 35
0.2x = 10
x = 50 miles
Renting from Company B will be cheaper if Samir drives the truck 100 miles. Then the correct option is D.
Learn more about linear equation on:
brainly.com/question/11897796
#SPJ1