# Statistics estimation problem? related questions

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Statistics estimation problem? | 4 | kelsy | 2018-02-05 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 . | |||

What method to use on Statistics problem? | 0 | Suetusi | 2012-10-21 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 Problem: Binomial Probability? | 0 | saffron | 2012-07-27 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? | |||

Statistics- Normal distribution problem that I've been stuck on for an hour.? | 4 | ineedhelp! | 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. | |||

Wealth Estimation on this Man.? | 0 | roza | 2012-07-26 09:27:02 |

Please help estimate the amount of money that this man has. He is 59. His father was a dentist and his mother was an only child housewife.He and their parents died 8 years ago, I think. He was the CEO of a steel corporation and started the company after quitting a job in another company brought a considerable amount of business. He was in his 20 years of age. At the end of the year, gave a bond that seemed an insult. It was something like $ 15,000. He tore the check up in front of his boss and quit. He went into business on his own, years later he met a couple, but the couple died and he was in business for himself. CEO married because his gf was pregnant and divorced two years later, this was the only time he was married, so it's not alimony, women taking half as much I asked how he felt about making your first million and said: "It was good," and when he sold his company at 40 years old, was at the height of his success, there was never a decrease. Employees who were laid off received pay and insurance for several months. Once a woman tried to intercept one of the smaller checks from a customer or supplier thought it would go unnoticed. It was a check for $ 30,000. (I remember because he was Black and he liked it, but not date someone who worked for him. Mhmm) It pays the same as some of its employees, $ 200,000 a year in the 70's, which is $ 854,330.86 a year in today's dollars. He said that no matter how much you pay since the company was his. He believed in being fair and made sure that when he sold his company maintains its worldwide work and paid well. He sold the company some money, but I'm not sure how much of (CEO retired at age 40 . Well, now we're done w / the job: CEO also has been investing since he was 20 years and has some IRA savings accounts, etc. that have sat w / accumulation of interest would not be able to access up that is 60 years or so, but said only and will not need them. They made an investment of $ 50,000 the sympathy of a drug that was supposed to "Viagra" (Viagra came true just before this event so lost) and he laughed. He also gave me another example of the kind of investment he did, he would put $ 100,000 or less in a business and then do a bit of interest. I would do with several businesses at once. Did not do this, but never stopped investing.The average home cost lives is just over $ 3 million, but not many houses are in the market, and those seem to be in between $ 4-6 million 3 bedroom dollars less then there are small pieces of land, no home, they are cheaper but never had tons of development, is a very old community. He agreed that a house payment should be the least of 20% of everything he has and he bought his house when the market was inflated. CEO says he makes more now than he did when he was in business. He drives a Lexus RS300 now (you need a vehicle to get home) and pay cash when buying cars.There is just a small piece of information about your company online, as it was so old. When I told the husband of someone who bought a Hermes bag $ 200,000, he said he "could not afford that." The ring of her ex-husband was several carat engagment, Tiffany and cost many times more than the purse (I did a search in the ring would cost, but can not remember the exact number of carats) I seems as if he is rich, but definitely not as rich. He is not big in show of wealth, but I saw his American Express last year and I know he has had the card for years. He is a member of one of the largest bank and private bank transfers the money to me from a background of wealth management. It has a private accountant. Would you be in 30-40% of the top? I really appreciate your answers.Thank so much for taking the time to examine this. Please NUMBERS / Financial Information only. | |||

Insurance estimation? | 0 | Duk | 2012-03-16 11:25:31 |

I have a mining accident , and willing to pay for expensive both cars. However, the other party insists that go through insurance . My question is how much affect my insurance? To give better understanding to estimate. 1 . I paid my own face. 2 . My insurance is $ 140 per month 3 . I am over 25 years of age 4 . The most expensive one would be less than $ 1500 We appreciate your response S. | |||

Estimation on price of Car Insurance? Would really rather not get a quote? | 0 | m&m | 2012-10-03 23:19:58 |

Hey Guys , MedlinePlus I have sixteen and about to get my first car in a couple of months . I was wondering if I could get an estimate on the cost of auto insurance for a 2009 Mercedes SL63 AMG . If there are some things to say then do not dare to ask. I really appreciate honest answers. MedlinePlus MedlinePlus Thank you. | |||

After how long do they renew driver license photos? Estimation? | 1 | Just smile. Hello. God, continued | 2017-07-09 21:03:50 |

In the state of California. | |||

Insurance estimation for a 1998 - 2001 Mitsubishi Eclipse for a 17 year old? | 0 | Bromine | 2012-06-20 03:02:43 |

Hi, I have 17 years of age , on active duty in the military one. I'm trying to buy a Mitsubishi Eclipse, but my mom tells me that my insurance will be through the roof Does anyone have an idea of how much it might cost ? For full coverage in California? I understand that eclipses have a high mortality rate, as they are quick , a teens tend to test the waters a bit. However I am a responsible driver , but I do not want a Trans Am or Eclipse . Your time is greatly appreciated :) thanks ! | |||

What does it mean when your home insurance claim is closed but the estimation/evaluation is in progress? | 0 | helloé—®å€™ | 2012-05-10 20:03:06 |

What does your insurance claim when your house is closed, but the estimation / evaluation is in progress ? | |||

What would be a good estimation on a 17 year old male's auto insurance price? | 0 | Gisella | 2012-07-27 09:35:02 |

I know insurance companies unfairly and illegally discriminate against boys but I need to know what a good price estimation is | |||

What's a good estimation for car insurance on a 2005 Pontiac Grand Prix Sedan? | 1 | walrus | 2012-02-25 20:08:08 |

I have 18 years , I live in Georgia , I am a man. what a good quote for this car at State Farm. Help ? category |