Expected yearly claim per policy holder
An insurance company has 10,000 automobile policyholders. The expected yearly claim per policy holder is $240 with a standard deviation of $800. Approximate the probability that the yearly claim exceeds $2.7 million.
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Miller Inc is selling 600,000 bonds to raise money for new magazines to be published in the coming year. The bonds will pay a coupon rate of 12.7% on semiannual payments.
Of the first 10,000 votes cast in an election, 5180 were for Candidate A. Find a 95% confidence interval for the fraction of votes that Candidate A will receive?
Joe has another get-rich-quick idea, but he needs funding to support it. He chooses an all-debt funding scenario. He will borrow $2,500 from Wendy, who will charge him 6% on the loan.
A rigid 1.2m^3 tank contains water at pressure of 198.5, with 10 percent liquid and 90 percent vapor, by volume. Determine the heat transfer to the tank and initial exit temperature.
It travels with this constant speed for the next 5.00 s. The elevator then undergoes a uniform acceleration in the negative y direction for 1.30 s and comes to rest. What does the spring scale register during the first 0.750 s?
Suppose that the checkout time at a grocery store has a mean of 5 minutes and standard deviation of 2 minutes. Estimate the probability that a checker will serve at least 49 customers during her 4-hourr shift.
A container with volume 2 m^3 filled with three different gases, 20 kg oxygen at -23 C , 50 kg nitrogen gases at 27 C, and 30 kg of argon at 127 C are mixed. Determine the intial pressure of each gases and final temperature and pressure.
Suppose you know that a company's stock currently sells for $50 per share and the required return on the stock is 10 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield.
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