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A 3-year endowment insurance on (70) provides death benefits of 100 payable at the end of the year of death, if this occurs within 3 years, plus a pure endowment of 100 at age 63 if the insured is then alive. This is purchased by two premiums of 30 payable at age 60 and 61. You are given that q60 = 0.2, q61 = 0.4, and the interest rate is a constant 25%. Give the complete distribution of the random variable L and use this to find 0V.
the shape of the distribution of the time required to get an oil change at a 10 minute oil change facility is unknown.
a company wishes to set control limits for monitoring the direct labour time to produce an important product. over
Significance level to test the claim that less than half (.5) of all executives identify that error as being the most common job interviewing error.
a recent study of how americans get to work revealed the following dataurbanruraltotalautomobile400200600public
Suppose the manufacturers claim is right, determine the probability the mean of sample is 47,840 miles or less?
from the data bank select a random sample of 30 individuals.a. use the z test to test the hypothesis for iq that u 100.
suppose that 75 of adult americans agree that while downloading music from the internet and then selling it is piracy
Suppose Abraham Lincoln had answered a survey questionnaire in which he indicated that he had not received a grade school diploma.
in st. paul the annual unemployment rates in percentage during the years 1995-2000 are3.6 3.9 3.2 2.9 3.0 3.1and the
a psychologist has developed a new method designed to help people taking an exam. the method requires the person to
Compare the actual results to those expected from the Poisson probabilities. Explain, how you do the comparison. Does the Poisson distribution serve as a good device for predicting the actual results?
Public transportation and the automobile are two methods an employee can use to get to work each day. Samples of times recorded for each method are shown. Times are in minutes.
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