Posted by Anonymous on Wednesday, February 9, 2011 at 7:35am.
Please type your subject in the School Subject box. Any other words, including obscure abbreviations, are likely to delay responses from a teacher who knows that subject well.
How did you get 0.3748 for part 1? The correct answer is 1 - (0.8)^10
One minus the probability that none of the ten have roadside coverage
The expecation value is the single-policy probabiity x (number of policies). That product is 2.
Related Questions
Statistics- Help - I need help with this problem for school. For the first one ...
Stats - I need help with this problem for school. For the first one i got .3758 ...
Stats - I need help with this problem for school. For the first one i got .3758...
Statistics- Need someone to check - Ok so i don't know how i got that ...
Statistics - An insurance sales representative selects 4 policies to review. The...
statistic - Jim has a 5-year-old car in reasonably good condition. He wants to ...
financial resources - Bob Brown was recently involved in a minor auto accident. ...
Physics Help, Please! - When a car goes around a curve (without skidding), on a...
Car Insurance Question - This is for a project, I wanted to know what automobile...
Statistics - 2.) Car insurance companies assume that the longer a person has ...
For Further Reading