# What method to use on Statistics problem? related questions

Answers | Asked by | Updated | |

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 . | |||

Write an equation. then solve . use the four-step problem- solving method.? | 0 | Nomfundo buthelezi | 2012-09-04 06:45:01 |

The national insurance comapany has 12,300 auto insurance accounts last year. This is an increase of 1/4 in recent years the number of counts . How many accounts of the company have done last year ? | |||

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 . | |||

Write an equation. than solve. Usethe four step problem solving method.? | 0 | MATRIX | 2012-08-20 00:57:01 |

The National Insurance Company has 12,300 auto insurance bills this year . This is an increase of 1/4 of the number of accounting recent years . How many accounts of the company have done last year ? | |||

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. | |||

method of payment | 1 | Goddar | 2012-03-11 23:02:47 |

I'm looking waffle HVD . Rergarding the payment mentioned T / T or L / C. Does anyone know what those letters mean ? Claude | |||

Net Present Value Method? | 0 | ESLstudent | 2012-07-28 15:36:03 |

I am very confused on this accounting issue. I love to get some help! Courier Express, Inc., is considering buying an additional delivery vehicle for $ 48,000 on January 1, 2012. The truck is expected to have a life of five years with an expected residual value of $ 12,000 at the end of five years. The additional revenue expected to provide added capacity is expected to be $ 62,000 per year for each of the next five years. A driver will cost $ 45,000 in 2012, with an expected annual raise of $ 2,000 for each subsequent year. The insurance for the truck is estimated to cost $ 3,000 per year. Present value of $ 1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 8 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 a. Determine net cash flows expected annual investment delivery truck for 2012-2016. Annual net cash flow 1. $ 2012 _________ 2. $ 2013 ________ 3. $ 2014 _________ 4. $ 2015 _________ 5. $ 2016 _______ b. Calculate the net present value of the investment, assuming that the desired minimum rate of return is 12%. (If necessary, round to the nearest dollar.) Use the table of present value of $ 1 has been exposed. If needed, use the minus sign to indicate a negative net present value. 1. The present value of annual net cash flow: $ _________ 2. Less investment: $ _________ 3. Net Present Value: $ __________ | |||

NYS DMV method of payment ? | 0 | ankit | 2012-06-22 01:49:46 |

Finally going to take my permit test and I wanted to know if I could use my debit card in the DMV office or I have to pay with cash? | |||

What is the best method of suicide? | 0 | Dayviana | 2012-07-19 07:48:02 |

Just curious. Anybody know anybody who did it and succeeded or failed? There are so many accidental deaths this way. How does one stop feeling sorry for having disappointed the people they love? It seems like freeing them from your presence while giving them money from your life insurance would show them some sort of love.. . . | |||

Problem for which the insurance company might not pay if the patient had provious problem with the sam or a si? | 0 | Celine | 2012-04-30 17:48:37 |

Can you give an example of an injury or problem for which the insurance company could not pay if the patient had prvious problems with the same or a similar diagnosis ? | |||

Is Gay marriage, a method to get health insurance? | 1 | Maquavia Mccrae | 2012-08-06 12:15:02 |

If 2 gays live together, and only 1 of them has a job that provides employees with health insurance for the employee AND the spouse, By making this person ones spouse, does it force the insurance company to cover you? |