A life insurance company wants to estimate its annual payouts. Assume that the probability distribution of the lifetimes of the participants is approximately a normal distribution with a mean of 68 years and a standard deviation of 4 years. By what age have 80% of the plan participants passed away?

Answers

Answer 1

Answer:

By 71 years of age 80% of the plan participants have passed away.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean of 68 years and a standard deviation of 4 years.

This means that [tex]\mu = 68, \sigma = 4[/tex]

By what age have 80% of the plan participants passed away?

By the 80th percentile of ages, which is X when Z has a p-value of 0.8, so X when Z = 0.84.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]0.84 = \frac{X - 68}{4}[/tex]

[tex]X - 68 = 4*0.84[/tex]

[tex]X = 71[/tex]

By 71 years of age 80% of the plan participants have passed away.


Related Questions

trigonometric identities

Answers

1/tan x = cot x

Cot x + tan x = 1/ sin x cos x

The answer is D.

The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The selling price for the product will be $45 per unit. Probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows:

Answers

yes I will send you a check tomorrow morning if I have a time for it tomorrow and if you need any more info let us or you get lost and I

Amit makes a cuboid having sides 3cm, 2cm & 3cm. How many such cuboids will be required to form a cube.​

Answers

Start with a volume of a cuboid,

[tex]V=abc=3\cdot2\cdot3=18\mathrm{cm^3}[/tex]

The side of the cube we need equals to the LCM of the cubiod's sides,

[tex]\mathrm{LCM}(a,b,c)=\mathrm{LCM}(3,2,3)=6[/tex]

Now compute the volume of such cube,

[tex]V=\mathrm{LCM}(a,b,c)^3=6^3=216\mathrm{cm^3}[/tex]

Divide the volumes to get how many cubiods are in such cube,

[tex]\dfrac{V_{\mathrm{cube}}}{V_{\mathrm{cubiod}}}=\dfrac{216}{18}=\boxed{12}[/tex]

Hope this helps :)

Answer:

Hi,

Answer: 12

Step-by-step explanation:

lcm(3,2,3)=6

Volume of a cuboid=3*2*3=18 (cm³)

Volume of the cube=6³=216 (cm³)

Number of cuboids=216/18=12.

eastern Aviation equipment pays bob Coleman a $1310 monthly salary plus a 12% commission on merchandise he sells each month. assume Bob's sales were $76,200 for the last month amount of commission: gross pay:​

Answers

Answer:

12/100 *76200 =$9144

so gross pay = $1310 +$9144 =$10454

Help me please I dont know what to do

Answers

Answer:

It's option A. ± √60

Step-by-step explanation:

x^2  = 60

here ^2 will move to the other side and when it does it'll become a square root to 60.

so, x = √60

now, the answer in its simplified form would be 2√15 and -2√15.

The answer of this square root will be negative as well as positive, so, ±√60.

Answer:

±√60

You'll have to remove the square from the x by squaring the 60, hence the ±60 as the answer

how do i solve this, i’m really confused

Answers

Answer:

x = 10

Step-by-step explanation:

[tex]x = 3 \times 2 + 4[/tex]

[tex]x = 6 + 4[/tex]

[tex]x = 10[/tex]

(a) A square has a perimeter of 56cm. What is the length of each side? (b) A square has an area of 62cm. What is the length of each side?

Answers

Answer:

A) 14

B) 7.874

Step-by-step explanation:

perimeter is all 4 sides add

area is l*w

56/4

√62

Select all the correct answers.
is transformed to get function h.
The function ()
h(x) = (2x)} +
+ 5
Which statements are true about function h?
As x approaches -oo, h(x) approaches -o0.
The y-intercept is (0,5).
The domain of function his (-0, 00).
The x-intercept is (5,0).
As x approaches oo, h(x) approaches oo.
The range of function h is (5, 0o).

Answers

The true statements about the function include:

As x approaches -oo, h(x) approaches -o0.The y-intercept is (0,5).The domain of function his (-0, 00).As x approaches oo, h(x) approaches oo.

What is a function?

It should be noted that a function is simply used to illustrate the relationship between variables.

In this case, the given function is f(x) = x^1/3.

The intercept is (0, 5). Also, it can be deduced that as x approaches oo, h(x) approaches infinity.

Learn more about functions on:

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please help this is due right now

Answers

Answer:

108.82

Step-by-step explanation:

the age of furaha is 1/2 of the age of her aunt if the sum of their ages is 54 years. find the age of her aunt

Answers

Answer:

I think it is twenty seven

The hypotenuse of a right triangle measures 14 cm and one of its legs measures 1 cm. Find the measure of the other leg. If necessary, round to the nearest tenth.

Answers

Answer:

b=14 cm

Step-by-step explanation:

Use pythagorean equation

A^2+b^2=c^2

1^2+b^2=14^2

1+b^2=196

b^2=195

b=13.964

After running 3/4 of a mile tess has only run 1/3 how long is the race in miles but I want to know how you did it

Answers

Take 3/4 and 1/3 multiply the bottom, thats your denominator. Then since you multiplied 4•3, multiply the top by three.

Please help with questions 1-4.

Answers

Observe the quantities, ie. see what happens if you increase one or decrease the other.

To simplify imagination, expose one quantity. I will expose y.

1.

[tex]-\frac{y}{4}=2x\implies y=-8x[/tex]

So what is their variation or proportion? If I increase x then y is getting more and more negative. So is this direct or inverse or nothing? It is direct.

2.

[tex]14x=\frac{14}{y}\implies y=x, y\neq0[/tex] again if I increase x then y will match, will also increase. This is again direct.

3.

[tex]y=\frac{13}{x}, x\neq0[/tex] this time if I increase x, y will get smaller. When x is exactly 13, y will be 1 and when x is 10000, y will be 0.0013. This is inverse. One quantity gets really small when other quantity gets really big.

4.

[tex]y=x-2[/tex] if I increase x then y will also increase even though by slightly less (-2) it will still increase. However since there is no multiplication this is not a direct variation nor is it inverse. It is nothing/no-variation.

Hope this helps :)

If events A and B are
independent, what must be true?

Answers

Answer:

B.  P(A|B) = P(A).

Step-by-step explanation:

Question

If a and b are independent events then it must be true that P(A|B)=P(A). TRUE OR FALSE.

Answer

The correct answer is:True.Explanation:P(A|B) is read as “the probability of A given B.” If A and B are independent, this means that B has no effect on A. This means the probability of A given B would be the same as the probability of A, since B has no effect.This means that P(A|B) = P(A).

Answer:

B. P(A|B) = P(A)

Step-by-step explanation:

I got it right on edge 2023 :)

Tom bought 750 shares of a company’s stock for $11.06/share. He pays a broker a commission of $12 to buy and sell stock. After one year, Tom sold all his shares, when they were worth $10.24/share. How much did it cost Tom to buy the stock? Show your work. What was Tom’s net gain or loss? Show your work. What was Tom’s annual rate of return? Show your work.

Answers

Answer:

Answer:

-7.692%

Step-by-step explanation:

a.)Buying: total cost

Total cost= commission + (price per share* # of shares ) ;

Total cost= 12 + (11.06*750)= 12+8295 = $8,307

b.)Net gain or loss;

First, find cash received from sale of stock and deduct commission;

Cash from sale =10.24 * 750= 7,680

deduct commission= 7680-12= $7,668

Gain or loss= sale-cost = 7668-8307 = -$639, meaning there is a loss.

c.) Annual rate of return= (net gain or loss/amount paid)*100%

return= -639/(8307)*100 = -7.692%

Step-by-step explanation:

what is the area of the parallelogram?

Answers

It’s 45, as the equation for a parallelogram is A= bxh, and 9x5 is 45
The area of parallelogram is base multiply height =b*h

Point M is the midpoint of CD. What is the value of a in the figure?

Answers

Answer:

a=3

Step-by-step explanation:

Given points (a, b) and (c,d), the midpoint of the points will be at

((a+c)/2, ((b+d)/2)

Therefore, given (9, 2) and (a,2a), our midpoint is at

((9+a)/2, (2+2a)/2) = (6,4)

Matching the x values to their corresponding x values and doing the same with the y values, we get

(9+a)/2 = 6

(2+2a)/2 = 4

First, we have

(9+a)/2 = 6

multiply both sides by 2 to remove the denominator

9+a = 12

subtract 9 from both sides to isolate a

a = 3

2a = 2 * a = 6

Confirming this, we have

(2+2a)/2 = 4

(2+6)/2 = 4

8/2=4

The value of a is 3 after using the bisection formula and the coordinate of the C is (3, 6).

What is an ordered double?

It is defined as a representation of coordinates in a two-dimensional coordinate plane. It has a list of two elements in it, such as (x, y).

[tex]\rm Area = |\dfrac{(x_1y_2-y_1x_2)+(x_2y_3-y_2x_3)....+(x_ny_1-y_nx_1)}{2}|[/tex]

It is given that:

Point M is the midpoint of CD.

The coordinate of the C is (a, 2a)

The coordinate of the M is (6, 4)

The coordinate of the C is (9, 2)

Using bisection formula:

(a + 9)/2 = 6

The arithmetic operation can be defined as the operation in which we do the addition of numbers, subtraction, multiplication, and division. I

a + 9 = 12

a = 12 - 9

a = 3

Or

(2a + 2)/2 = 4

a + 1 = 4

a = 3

Thus, the value of a is 3 after using the bisection formula and the coordinate of the C is (3, 6).

Learn more about the order double here:

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Help please I need answers for these questions

Answers

I think because the angles are corresponding/opposite to each other u equate them to 180°


Amira starts an exercise programme on the 3rd of March. She decides she will swim every
3 days and cycle every 4 days. On which dates in March will she swim and cycle on the
same day?

Answers

Answer:

12 days

Step-by-step explanation:

The answer of the problem is the LCM of 3 and 4=12. Hence the answer is 12 days

On 12 March she will swim and cycle on the same day if Amira starts an exercise program on the 3rd of March.

What is LCM?

It is defined as the common number of two integers, which is the lowest number that is a multiple of two or more numbers. The full name of LCM is the least common multiple.

We have:

Amira starts an exercise program on the 3rd of March.

She will swim every 3 days and cycle every 4 days.

Total days =3 + 4 = 7 days = 1 week

The day she swims and cycles on the same day = LCM of 3 and 4

= 3, 6, 9, 12, 15

= 4, 8, 12, 16

= 12

Thus, on 12 March she will swim and cycle on the same day if Amira starts an exercise program on the 3rd of March.

Learn more about the LCM here:

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Find the missing side length. Leave your answers radical in simplest form. PLEASE HURRY

Answers

Answer:

the answers for x and y are both 12


Suppose $12,000 is deposited into an account paying 5.5% interest, compounded continuously.
How much money is in the account after five years if no withdrawals or additional deposits are
made?

Answers

Answer:

$15798.4

Step-by-step explanation:

We will have to use this formula A = Peᵃᵇ

A = Final amount

P = Initial amount (12,000)

e = Mathematical constant: 2.7183

a = Interest rate (5.5% or 0.055)

b = Years

So our equation will look like this

A = 12,000e⁵ ⁰·⁵⁵

A = 12,000(2.7183)·²⁷⁵

A = 12,000(1.316533)

A = 15798.396

If the areas of the given pairs of shapes are equal, find the value of x.​

Answers

Answer:

X= 8cm

Step-by-step explanation:

area of the square = s×s = 16×16 = 256cm

area of the rectangle = l×b = 32×x = 32x

Given , area of triangle = area of square

32x = 256

x= 256/32

x= 8cm

Answer:

[tex]x = 8cm[/tex]

Step-by-step explanation:

we are given a square and rectangle.we want to figure out x which is the width of the rectangle. we are also given a condition i.e

the area of the square equal to the area of the rectangle

therefore,

[tex] \displaystyle \rm A _{square } = A _{rect}[/tex]

recall the formula of the area of square and rectangle so,

[tex] \displaystyle {s}^{2} = lw[/tex]

now assign variables

[tex]s \implies16cm[/tex][tex]l \implies32cm[/tex][tex]w \implies x[/tex]

thus substitute:

[tex] \displaystyle 32cmx = {16cm}^{2} [/tex]

simplify square:

[tex] \displaystyle 32cmx = 256cm^2[/tex]

divide both sides by 32:

[tex] \displaystyle \boxed{x = 8cm}[/tex]

and we're done!

inveres laplace transform (3s-14)/s^2-4s+8​

Answers

Complete the square in the denominator.

[tex]s^2 - 4s + 8 = (s^2 - 4s + 4) + 4 = (s-2)^2 + 4[/tex]

Rewrite the given transform as

[tex]\dfrac{3s-14}{s^2-4s+8} = \dfrac{3(s-2) - 8}{(s-2)^2+4} = 3\times\dfrac{s-2}{(s-2)^2+2^2} - 4\times\dfrac{2}{(s-2)^2+2^2}[/tex]

Now take the inverse transform:

[tex]L^{-1}_t\left\{3\times\dfrac{s-2}{(s-2)^2+2^2} - 4\times\dfrac{2}{(s-2)^2+2^2}\right\} \\\\ 3L^{-1}_t\left\{\dfrac{s-2}{(s-2)^2+2^2}\right\} - 4L^{-1}_t\left\{\dfrac{2}{(s-2)^2+2^2}\right\} \\\\ 3e^{2t} L^{-1}_t\left\{\dfrac s{s^2+2^2}\right\} - 4e^{2t} L^{-1}_t\left\{\dfrac{2}{s^2+2^2}\right\} \\\\ \boxed{3e^{2t} \cos(2t) - 4e^{2t} \sin(2t)}[/tex]

A 1994 Time magazine survey of 507 randomly selected
adult Catholics in the United States found that 59% answered yes to the
the question “Do you support allowing women to become priests?” Suppose
someone wants to claim that more than 55% of adult Catholics in the United
States are in favor of allowing women to become priests.

is this based on one sample or two samples?
is this a one-tailed or a two-tailed test?
What is the p-value?

Answers

From the test the parson wants, and the sample data, we build the test hypothesis and find the p-value.

Suppose  someone wants to claim that more than 55% of adult Catholics in the United  States are in favor of allowing women to become priests.

At the null hypothesis, it is tested that the proportion is of at most 55%, that is:

[tex]H_0: p \leq 0.55[/tex]

At the alternative hypothesis, it is tested that the proportion is of more than 55%, that is:

[tex]H_1: p > 0.55[/tex]

Since we are testing only one proportion, it is a one-sample test. Since we are testing only if the proportion is higher/lower, in this case higher, than a value, it is a one-tailed test.

P-value:

To find the p-value of the test, we first have to find the test statistic.

The test statistic is:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the nu

0.55 is tested at the null hypothesis:

This means that [tex]\mu = 0.55, \sigma = \sqrt{0.55*0.45}[/tex]

From the sample:

Survey of 507, 59% answer yes, thus: [tex]n = 507, X = 0.59[/tex]

Value of the test statistic:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

[tex]z = \frac{0.59 - 0.55}{\frac{\sqrt{0.55*0.45}}{\sqrt{507}}}[/tex]

[tex]z = 1.81[/tex]

P-value from the test statistic:

The p-value of the test is the probability of finding a sample proportion above 1.81, which is 1 subtracted by the p-value of z = 1.81.

Looking at the z-table, z = 1.81 has a p-value of 0.9649.

1 - 0.9649 = 0.0351.

Thus, the p-value of the test is of 0.0351.

For another example of a similar problem, you can check https://brainly.com/question/24166849

PLS PLS PLS HELP QUICKKKK

Find the value of x in each case

Answers

Answer:

KI and HE are parallel

So we apply the law of exterior angles ;

3X=X + 180– 2X

3X +X = 180

4X= 180

X= 180/4

X= 45

I hope I helped you^_^

I'm 2003, the population of an African country was about 11.2 million people, which is 2 million more than 4 times the population in 1950. Enter and solve the equation to find the approximate population p (in millions) in 1950.

Equation:
Approximate population in 1950:

Answers

Answer: The population was 2,300,000.

Step-by-step explanation:

Let the population in 1950 be x

11,200,000 = 2,000,000+4x

11,200,000-2,000,000 = 4x

0r, 9,200,000=4x

0r, x = 9,200,000/4

so, x = 2,300,000

I will give a brainliest and 20pts to the person that can use the Pythagorean theorem to solve for x. Please help. I went over it several times and the answer I got doesn't match up with what the box says ​

Answers

Answer:

x = 48

Step-by-step explanation:

Pythagorean thm:

a² + b² = c²

Given:

a = x

b = 36

c = 60

Work:

a² + b² = c²

x² + 36² = 60²

x² + 1296 = 3600

x² = 3600 - 1296

x² = 2304

√x² = √2304

x = 48

¿Cuál es la probabilidad de encontrar una persona que gane 6000 si en la empresa en donde trabaja el sueldo medio es de 3500 con una desviación de 1500?

Answers

Answer:

Question in English please I don't understand your language.

The place value of 7 in 87534 is____________​

Answers

Place value of 7 is Thousand (1000)
the value place of 7 is thousand

b) Use Greens theorem to find∫x^2 ydx-xy^2 dy where ‘C’ is the circle x2 + y2 = 4 going counter clock wise.​

Answers

It looks like the integral you want to find is

[tex]\displaystyle \int_C x^2y\,\mathrm dx - xy^2\,\mathrm dy[/tex]

where C is the circle x ² + y ² = 4. By Green's theorem, the line integral is equivalent to a double integral over the disk x ² + y ² ≤ 4, namely

[tex]\displaystyle \iint\limits_{x^2+y^2\le4}\frac{\partial(-xy^2)}{\partial x}-\frac{\partial(x^2y)}{\partial y}\,\mathrm dx\,\mathrm dy = -\iint\limits_{x^2+y^2\le4}(x^2+y^2)\,\mathrm dx\,\mathrm dy[/tex]

To compute the remaining integral, convert to polar coordinates. We take

x = r cos(t )

y = r sin(t )

x ² + y ² = r ²

dx dy = r dr dt

Then

[tex]\displaystyle \int_C x^2y\,\mathrm dx - xy^2\,\mathrm dy = -\int_0^{2\pi}\int_0^2 r^3\,\mathrm dr\,\mathrm dt \\\\ = -2\pi\int_0^2 r^3\,\mathrm dr \\\\ = -\frac\pi2 r^4\bigg|_{r=0}^{r=2} \\\\ = \boxed{-8\pi}[/tex]

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