Question
In: Statistics and Probability
according to insurance recordas a car with a certain protectionsystem will be recovered 88% of...
according to insurance recordas a car with a certain protection system will be recovered 88% of the time. If 300 stolen cars are randomly selected, what is the mean and stardard deviation of the number of cara recovered afeter stolen?
Solutions
Expert Solution
Let X be the number of cars recovered after getting stolen. Then
X ~ Binomial(300,0.88)
The population mean is computed as:
and the population standard deviation is computed as:
orchestra answered 2 years agoRelated Solutions
according to insurance records a car with a certain protection system will be recovered 93% of...
according to insurance records a car with a certain protection
system will be recovered 93% of the time. find the probability that
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thousandth
a-
0.055
b-
0.93
c-
0.667
d-0.07
According to insurance records a car with a certain protection system will be recovered 94% of the time. Find the probability that 3 of 6 stolen cars will be recovered.
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