Deductable on the policy
An insurance policy covers the loss which is uniformly distributed upon [0,1000]. There is $100 deductable on the policy. (So the company pays any amount over $100) What is the expected payment of a claim?
The answer is not $400 or $450.
Expected delivery within 24 Hours
The mean breaking strength of yarn employed in manufacturing drapery material is needed to be at least 100 psi. Past experience has indicated that the standard deviation of breaking strength is 2 psi. A random sample of nine specimens is tested, a
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This time boats pass each other when they are 400 meters from nearest shore. Suppose that each of boats travels at same speed in both directions, how wide is lake between two ferry docks?
Test the hypothesis that variance is not 18 (mg)2 if random sample of n=10 cans yields sample standard deviation of s=4 mg, using a fixed-level test with a=0.05. State any necessary assumptions regarding the underlying distribution of data. Determ
The Junior Verification Engineer takes one hour longer to fix bug (in the code) than it takes Senior Engineer. If they can fix bug in 5 hours working together, how long would it take every Engineer to finish task by themselves?
Employ these figures to judge the reasonableness of ambulance service's claim that it takes on average of 20 minutes between call for an ambulance and patients arrival at the hospital.
At same time Amy begins driving, Beth begins walking toward store at 3mph. Amy spends one hour at store, and then drives home at 30mph. Determine when and where Amy and Beth meet?
Even with delay, Bob finishes 2 hours ahead of Moe. How fast was every person walking, and how long it took for every person to finish walk?
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