Statistics- Normal distribution problem that I've been stuck on for an hour.? related questions

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Statistics- Normal distribution problem that I've been stuck on for an hour.?4ineedhelp!2018-11-03 00:25:58
A relay microchip in a telecommunications satellite has a life expectancy that is normally distributed with a mean of 90 months and a standard deviation of 3.1 months . When computer malfunction relay microchip , the satellite is all useless . A large insurance company in London will ensure that the satellite for 50 million dollars. Suppose that the only part of the satellite in question is the microchip . All other components work indefinitely. MedlinePlus MedlinePlus ( A) How many months must be secured to the satellite by 98 % sure that will last far beyond insurance ? ( Round your answer to the nearest month. ) MedlinePlus MedlinePlus ( B ) If the satellite is insured for 84 months , what is the probability that a malfunction before the end of the insurance coverage ? ( Round your answer to four decimal places . ) MedlinePlus MedlinePlus ( C ) If the satellite is insured for 84 months , what is the expected loss for the insurance company ? ( Round your answer to the nearest dollar . ) MedlinePlus MedlinePlus ( D ) If the insurance company charges $ 3 million for 84 months of insurance , how much profit the company expects to do? ( Round your answer to the nearest dollar . ) MedlinePlus MedlinePlus Please explain how you found your answer! These are tasks for my online statistics course and is the only problem I do not understand.
What method to use on Statistics problem?0Suetusi2012-10-21 19:20:32
To set rates , an insurance company is trying to estimate the number of sick days that full-time workers in an auto shop take per day . A previous study indicated that the standard deviation was 2.8 days . What sample size should be selected if the company wants to have 95 % confidence that the true mean is within 1 day of the sample mean .
Statistics estimation problem?4kelsy2018-02-05 08:53:03
Can anyone help with this estimation problem ? MedlinePlus MedlinePlus Anystate Auto Insurance Company took a random sample of 370 insurance claims paid during a period of 1 year. The average claim paid was $ 1570. Suppose a ( population standard deviation ) = $ 250. Find 0.90 and 0.99 confidence intervals for half claim payment .
Statistics Problem: Binomial Probability?0saffron2012-07-27 13:02:01
A January 2005 survey of bikers, commissioned by the Progressive Group of Insurance Companies, showed that 40% of bikers have body art, such as tatoos and piercings. A group of 10 bikers are in the process of buying motorcycle insurance. a. What is the probability that exactly 3 have any body art? b. What is the probability that no more than 2 have any body art?
Problem solving questions?! Really stuck!!!?2Romaris2017-11-21 21:25:59
1) Belinda managed a small business for a small salary of $65000. At the end of the successful year in which the business made a profit of $185000, she was given a bonus of 2.1% of the profits, What was her bonus and what was her income for the year? 2) Maryanne received a 17.5% holiday loading on four weeks normal wages. find her normal weekly wage if the total four weeks wages and the holiday loading was: a) $3948 B) $4347.50 3) find the net pay if A) gross pay is $840.20 and total deductions is $265.80 B) gross pay is $345.30, tax is $65.45, superannuation is $21.25 & union fees are $3.20 C) Gross pay is $1040.70, superannuation is $58.50, life insurance is $8.15, union fees are $6.15 & tax is $244.70
Ho many points for doing 52miles an hour in a30mile an hour zone?4Venus2012-10-13 18:45:02
Ho many points for doing 52 miles per hour in a a30mile hour?
Drivers Permit Hour, how much hour do I have?1Gavi2012-02-10 02:36:00
Well I know this may sound stupid, but am having trouble adding hours to my sorta . Idk I'm really confused. Be how, but is not working for me. I have my permit And in Illinois requires a minimum of 50 hours which is the total practice. Here are a few hours are over. I just need to know how many hours had to go and how I need many hours left to complete my goals. If you really helped me appreciate and collect their responses as best for Yahoo. Thanks :) 4:50 to 5:30 5:00 to 6:20 4:15 to 5:00 3:15 to 5:00 5:00 to 6:45 12:00 to 1:25 4:00 to 6:00 5:15:7:00 4:35 to 5:15 2:20 to 3:50 3:10 to 4:20 10:05 to 11:15 2:00 to 2:40 3:10 to 3:50 9:00 to 9:35 4:15 to 4:45 11:10 to 11:15 2:05 to 3:00 4:15 to 4:30 5:05 to 5:25 6:00 to 6:15 3:00 to 4:30 8:00 to 9:15 8:30 to 9:15 I'm sorry ! But I hope you can help! Thank youu :)
Cannels of distribution!!!!?0Denesh dillon persaud rokdjdnn, x2012-08-17 16:02:30
To suggest a distribution strategy for the next and justify Color TV Insurance services Gift items Cellular service Mobile Earth engines Home appliances magazines Channels of distribution is the following : manufacturer , wholesaler , agent, retail, consumer and finally disributer
40 hour or 45 hour driving log?2ωǒ Bu bad ⿺ 2012-04-04 22:26:48
Can anyone give me a copy of your driving record , because I got really lazy and do one. If you can help me it would be great . THANK YOU!
How can you measure the safety of a distribution center?1., cold ℃ -2012-05-31 08:09:38
I know a co -insurance, look at the amount of claims of a co . locations of accidents that occur there, but that measures the level of risk , the level of security. if anyone has an idea I would appreciate it. Thanks in advance.
What is the Advantage of distribution channel of insurance company0Justi2012-02-14 09:48:19
What is the advantage of distribution channel of insurance company
What are the distribution channels of a insurance companies in India0Cornelia2011-12-22 17:51:19
What are the distribution channels for insurance companies in India

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