Question: Hi need help on the question. Can you plase help me sole them step by step You purchase earthquake insurance this year for a premium
Hi need help on the question. Can you plase help me sole them step by step
You purchase earthquake insurance this year for a premium of $1,000.The policy has acoverage of $500,000.The probability of an earthquake is 0.0005. Determine the expected value of this insurance policy.Assume that you will not pay a deductible.Round your answer to the nearest dollar.
an integer.
Thepopulation(Links to an external site.)
of 30 year-old males has amean(Links to an external site.)
salary of $29,321 with astandard deviation(Links to an external site.)
of $2,120. If a sample of 100 such males is taken, what is the probability that themean(Links to an external site.)
salary will be between $29,000 and $31,000?
Upload the following.
a. A graph of the density curve with the appropriate region shaded and labeled .
b. Write the calculator function with all numbers needed to find the probability.
c frounded to 4 decimal places.
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