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Consider a 3-year life annuity on (60). The sequence of payments (beginning at time 0) is 4, 2, 1. You are given that q60 = 0.2, q61 = 0.4, q62 = 0.5. The interest rate is a constant 25%. The insurer sells 100 such contracts, charging (1 + r) times the equivalence principle single premium. What should r be so that there is at least a 95% chance that premiums will cover the benefits? (Use a normal approximation.)
A study of 200 computer service firms revealed these incomes after taxes: What is the probability that a particular firm selected has $1 million or more in income after taxes?
there chance of the condo not being able to withstand a major storm is .008 and because there is a storm every year the
To test the effectiveness of four different types of lawn fertilizer, each type was applied to six different lawns. The same size patch of lawn was mowed for all 24 test units and the grass clippings were weighed
Predict the number of subscriptions for a month in which there were 905 hours of telemarketing.
an industrial relations expert on academic and non-academic staff has been studying the relationship between gender
the number of calories and number of grams of sugar per serving were measured for 36 breakfast cereals. the data are in
Level integer between 0 and 9, the compression level when writing. AllowNonCompressed logical. When reading, should non-compressed input be allowed?
That they all had false positive results. Is it unusual to arbitarily choose 3 subjects without replacement and get three results which are all false positive results? Describe.
Determine the distribution of the data by using the Goodness of Fit Test - Determine the parameters of the distribution by using the probability plot method.
Prepare a 10-13-question survey to gather primary data regarding your selected problem statement. Please note that you will not administer this survey as part of this assignment.
The defective and non defective stampins proceed from the machine on a random manner. If 4 stampings are randomly collected, find The probability that almost 2 are defective.
a study is conducted comparing hdl cholesterol levels between men who exercise regularly and those who do not. the data
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