Question

An insurance company has collected the following data on the gender and marital status of 300...

An insurance company has collected the following data on the gender and marital status of 300

customers.

   

Gender Male Female

Marital Status

Single Married
25 125 30 50 50 20

Divorced

           

Suppose that a customer is selected at random. Find the probability that the customer selected is:

b)

  1. not single.

  2. married, if the customer is male.

iii. female or divorced.
iv. Is marital status independent of gender? Explain using probabilities.

Consider a binomial random variable X with n = 20 and p = 0.3.

i. FindP(X<5).
ii. Find the mean and the variance of X.
iii. Find approximately P (X < 5), using different method you used in part “i” above.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Suppose the following regression equation was generated from sample data relating annual salary to experience, gender,...
Suppose the following regression equation was generated from sample data relating annual salary to experience, gender, and marital status. Gender is represented by a dummy variable, FEMALEi where FEMALEi=1 if employee i is female and FEMALEi=0 if employee i is male. Marital status is represented by a dummy variable MARRIEDi where MARRIEDi=1 if employee i is married and MARRIEDi=0 if employee i is single. SALARYi=45399.358869+522.095299EXPERIENCEi−2445.498353FEMALEi−42.875876EXPERIENCEi⋅FEMALEi+10156.223595MARRIEDi−98.638952EXPERIENCEi⋅MARRIEDi−14314.347804FEMALEi⋅MARRIEDi+ei 1)According to the regression equation above, what is the estimated change in salary resulting from...
Suppose the following regression equation was generated from sample data relating annual salary to experience, gender,...
Suppose the following regression equation was generated from sample data relating annual salary to experience, gender, and marital status. Gender is represented by a dummy variable, FEMALEiFEMALEi, where FEMALEi=1FEMALEi=1 if employee i is female and FEMALEi=0FEMALEi=0 if employee i is male. Marital status is represented by a dummy variable MARRIEDiMARRIEDi where MARRIEDi=1MARRIEDi=1 if employee i is married and MARRIEDi=0MARRIEDi=0 if employee i is single. SALARYi=46905.309796+429.685020EXPERIENCEi−2445.945436FEMALEi−35.464377EXPERIENCEi⋅FEMALEi+10084.736168MARRIEDi−60.572088EXPERIENCEi⋅MARRIEDi−14238.984644FEMALEi⋅MARRIEDi+eiSALARYi=46905.309796+429.685020EXPERIENCEi−2445.945436FEMALEi−35.464377EXPERIENCEi⋅FEMALEiSALARYi=+10084.736168MARRIEDi−60.572088EXPERIENCEi⋅MARRIEDi−14238.984644FEMALEi⋅MARRIEDi+ei According to the regression equation above, what is the estimated starting salary for married women?...
Given that 1% of the population are left handed, if a random sample of 1000 people...
Given that 1% of the population are left handed, if a random sample of 1000 people is selected where x denotes the number of left handed people, a) The random variable X is (choose one) i) Binomial ii) hypergeometric iii) Poisson iv) Normal v) Exponential vi) Uniform b) Give the expectation value and variance of X. c) Find the probabilities P(X=6) and P(X≥6). d) Which distribution from those listed in part (a) can be used as an approximation to the...
Employees of a local university have been classified according to gender and job type. Male Female...
Employees of a local university have been classified according to gender and job type. Male Female Faculty 110 60 Salaried Staff 50 60 Hourly Staff 80 40 If an employee is selected at random, what is the probability that the employee is a member of the hourly staff given that the employee is male? 0.124 0.235 0.260 0.286 0.333 If the scores on an aptitude test are normally distributed with mean 600 and standard deviation 50, what proportion of the...
In a shipment of 20,000 toys (called robot chickens) 600 of the toys are defective. Suppose...
In a shipment of 20,000 toys (called robot chickens) 600 of the toys are defective. Suppose that 20 toys are selected at random (without replacement) for inspection, and let X denote the number of defective toys found. a) The distribution of the random variable X is (choose one) i) Binomial ii) hypergeometric iii) Poisson iv) Normal v) Exponential vi) Uniform b) Find P(X≤6). c) Which distribution from those listed in part (a) can be used as an approximation to the...
In a shipment of 20,000 toys (called robot chickens) 600 of the toys are defective. Suppose...
In a shipment of 20,000 toys (called robot chickens) 600 of the toys are defective. Suppose that 20 toys are selected at random (without replacement) for inspection, and let X denote the number of defective toys found. a) The distribution of the random variable X is (choose one) i) Binomial ii) hypergeometric iii) Poisson iv) Normal v) Exponential vi) Uniform b) Find P(X≤6). c) Which distribution from those listed in part (a) can be used as an approximation to the...
Question 2 (30 marks) a. Find the point estimate of the average systolic pressure of all...
Question 2 a. Find the point estimate of the average systolic pressure of all female in the population. [3 marks] b. Construct the 95% confidence interval of the average systolic pressure of all female in the population. Briefly explain the confidence interval. [6 marks] c. Determine the margin of error of estimate for part (b). [2 marks] d. Find the 98% confidence interval of the average systolic pressure of all female in the population. What conclusion can be drawn from...
Coding in Python Add radio button options for filing status to the tax calculator program of...
Coding in Python Add radio button options for filing status to the tax calculator program of Project 1. The user selects one of these options to determine the tax rate. The Single option’s rate is 20%. The Married option is 15%. The Divorced option is 10%. The default option is Single. Be sure to use the field names provided in the comments in your starter code. ================== Project 1 code: # Initialize the constants TAX_RATE = 0.20 STANDARD_DEDUCTION = 10000.0...
A game is played in which you spin a 10-segment spinner as shown above. All segments...
A game is played in which you spin a 10-segment spinner as shown above. All segments are the same size. Find the probabilities below. (a) Find the probability that you spin 4: P(spin 4) = (round to one decimal place) (b) Find the probability that you spin either 9 or 10: P(spin 9 or 10) = (round to one decimal place) (c) X is a binomial random variable. Suppose we define spinning 9 or 10 as "success", and we decide...
A fitness company is building a 20-story high-rise. Architects building the high-rise know that women working...
A fitness company is building a 20-story high-rise. Architects building the high-rise know that women working for the company have weights that are normally distributed with a mean of 143 lb and a standard deviation of 29 lb, and men working for the company have weights that are normally distributed with a mean of 173 lb and a standard deviation or 35 lb. You need to design an elevator that will safely carry 20 people. Assuming a worst case scenario...