The number of hurricanes that will hit a certain house in the next ten years is Poisson distributed with mean 4. Each hurricane results in a loss that is exponentially distributed with mean 1000. Losses are mutually independent and independent of the number of hurricanes. Calculate

Answers

Answer 1

Answer:

The variance of total loss is 8000000

Step-by-step explanation:

Let

[tex]X \to[/tex] Number of hurricane

Poisson [tex]E(X) = 4[/tex]

[tex]Y \to[/tex] Loss in each hurricane

Exponential [tex]E(Y) = 1000[/tex]

[tex]T \to[/tex] Total Loss

Required

The variance of the total loss

This is calculated as:

[tex]Var(T) = Var(E(T|X)) + E(Var(T|X))[/tex]

Where:

[tex]E(T|X) \to[/tex] Expected total loss given X hurricanes

And it is calculated as:

[tex]E(T|X) = E(Y) *N[/tex] --- Expected Loss in each hurricane * number of loss

[tex]Var(T|X) \to[/tex] Variance of total loss given X hurricanes

And it is calculated as:

[tex]Var(T|X) = Var(Y) * N[/tex] ---- --- Variance of loss in each hurricane * number of loss

So, we have:

[tex]Var(T) = Var(E(T|X)) + E(Var(T|X))[/tex]

[tex]Var(T) = Var(E(Y) * N) + E(Var(Y) * N)[/tex]

For exponential distribution;

[tex]Var(Y) = E(Y)^2[/tex]

So, we have:

[tex]Var(T) = Var(E(Y) * X) + E(E(Y)^2 * X)[/tex]

Substitute values

[tex]Var(T) = Var(1000 * X) + E(1000^2 * X)[/tex]

Simplify:

[tex]Var(T) = Var(1000 * X) + 1000^2E(X)[/tex]

Using variance formula, we have:

[tex]Var(T) = 1000^2Var(X) + 1000^2E(X)[/tex]

For poission distribution:

[tex]Var(X) = E(X)[/tex]

So, we have:

[tex]Var(X) = E(X) = 4[/tex]

The expression becomes:

[tex]Var(T) = 1000^2*4 + 1000^2*4[/tex]

[tex]Var(T) = 1000000*4 + 1000000*4[/tex]

[tex]Var(T) = 4000000 + 4000000[/tex]

[tex]Var(T) = 8000000[/tex]


Related Questions

A wedge of cheese is shaped like a triangular prism. The wedge of cheese is 7 inches tall. The base of the cheese is shaped like a triangle with a base of 11 and a height of 5 inches. If you ate this whole block of cheese, about how many cubic inches would you have eaten (ignoring the holes)?


420 in
193 in
385 in
210 in

Answers

Answer:

193 in

Step-by-step explanation:

Volume of a triangular prism:

The volume of a triangular prism is the base area multiplied by the wedge, that is:

[tex]V = A_bw[/tex]

The base area is one half times the triangle base times it's height, so:

[tex]V = 0.5*b*h*w[/tex]

The wedge of cheese is 7 inches tall.

This means that [tex]w = 7[/tex]

The base of the cheese is shaped like a triangle with a base of 11 and a height of 5 inches.

This means that [tex]b = 11, h = 5[/tex]

Volume:

[tex]V = 0.5*b*h*w = 0.5*11*5*7 = 192.5[/tex]

Rounding, approximately 193 in.

Solve.
x^2 - 9x + 3 = 0

x= or x=

Answers

Answer:

Step-by-step explanation:

x^2 - 9x + 3 = 0 is a quadratic whose coefficients are a = 1, b = -9 and c = 3.

Use the quadratic formula to solve it.

The discriminant, b^2 - 4ac, is 81 - 4(1)(3), or 81 - 12, or 69.

The roots are:

      -b ± √(discriminant)

x = -------------------------------

              2a

And these roots in this particular problem are:

      -(-9) ± √69                    9 ± √69

= ------------------------------- = ----------------

              2(1)                                2

What is the value of X

A 15
B 21
C 26
D 105

Answers

Answer:

B)21

Step-by-step explanation:

∠KN=∠ML

∠KN=90°+15°

=105°

∠ML=105°

5x°=105°

x°=105÷5

x°=21°

Answer:

[tex]5x=90+15[/tex]

Add, 90 + 15 = 105

[tex]5x=105[/tex]

Divide both sides by 5

[tex]\frac{5x}{5}=\frac{105}{5}[/tex]

[tex]x=21[/tex]°

[tex]\textbf{OAmalOHopeO}[/tex]

Suppose you have 3 bags. Two of them contain a single $10 bill, and the third contains a single $5 bill. Suppose you pick one of these bags uniformly at random. You then add a $5 bill to the bag, so it now contains two bills. The bag is shaken, and you randomly draw a bill from the bag without looking into the bag. Suppose it turns out to be a $5 bill. If a you draw the remaining bill from the bag, what is the probability that it, too, is a $5 bill

Answers

Answer:

1/2

Step-by-step explanation:

Number of bags = 3

number of bags with $10 bill initially = 2

number of bags with $5 bill initially = 1

assume :

event you pick a $5 bill at first draw = A

event you pick a $5 bill at second draw = B

hence : P ( A n B ) = 1/3 * 1 = 1/3

P( A ) = ( 1/3 * 1 ) + ( 1/3 * 1/2 + 1/3 * 1/2 )  = 2/3

therefore P( that the second drawn bill is $5 )

P( B | A ) = P(A n B ) / P ( A )

              = (1/3) / (2/3) = 1/2

The probability that it, too, is a $ 5 bill is 33.33%.

Since you have 3 bags, and two of them contain a single $ 10 bill, and the third contains a single $ 5 bill, supposing you pick one of these bags uniformly at random and you then add a $ 5 bill to the bag, so it now contains two bills, and the bag is shaken, and you randomly draw a bill from the bag without looking into the bag, supposing it turns out to be a $ 5 bill, if a you draw the remaining bill from the bag, to determine what is the probability that it, too, is a $ 5 bill, the following calculation must be performed:

3 bags = 2 with a 10 bill and 1 with a 5 bill 1/3 = 0.3333 0.3333 x 100 = 33.33

Therefore, the probability that it, too, is a $ 5 bill is 33.33%.

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Find the area of the shaded regions.

Answers

Answer: About 21.98 cm²

Step-by-step explanation:

First, find the area of the large shaded circle:

[tex]r^{2} \pi =3^{2} \pi =9\pi[/tex]

Find the area of the two small unshaded circles:

[tex]1) r^{2} \pi =1^{2} \pi =1\pi \\2) r^{2} \pi =1^{2} \pi=1\pi[/tex]

Subtract the area of the small circle from the large circle:

[tex]9\pi -1\pi -1\pi =9\pi -2\pi =7\pi[/tex]

Therefore, the area of the shaded region is:

[tex]7\pi =7*3.14=21.98[/tex]

There is a sales tax of S6 on an item that costs 888 before tax. The sales tax on a second item is $21. How much does the second item cost before tax?

Answers

Step-by-step explanation:

before Tax

Coast = 888

in 2ND Item = $21

• 888/21

= $42.28

Graph: y – 3 = 1/2 (x + 2)

Answers

Answer:

The x-intercept is -8, the y-intercept is 4, and the slope is 1/2.

Step-by-step explanation:

The x-intercept is -8, the y-intercept is 4, and the slope is 1/2.

Answer: See below

Concept:

There are different forms of linear equations:

Slope-intercept form: y = mx + bPoint-slope form: y - y₁ = m (x - x₁)Standard form: Ax + By = CIntercept form: x / x₁ + y / y₁ = 1

Solve:

Given: y - 3 = 1/2 (x + 2)

Here, we can see the linear equation is in the form of point-slope form.

x₁ = -2

y₁ = 3

m = 1/2

Point included in the graph = (-2, 3)

Slope of the graph = 1/2

Hope this helps!! :)

Please let me know if you have any questions

How many unit cubes are on each layer of the cube?

6
3
12
9

Answers

Answer:

6

Step-by-step explanation:

Remember: Each layer has 6 cubes. Step 3 Count the cubes. cubes Multiply the base and the height to check your answer. So, the volume of Jorge's rectangular prism is cubic centimeters. if wrong very sorry

Answer:

9

Step-by-step explanation:

took the test

If triangle ABC has the following measurements, what is the measure of angle B? a=5 b=7 c=10

Answers

Answer: about 40.54°

Step by step explanation:

7^2 =  5^2 + 10^2  - 2(5)(10)cos(B)

cos(B)  = (7^2 - 5^2 - 10^2) / (-2(5)(10) )

B = cos-1 [ (7^2 - 5^2 - 10^2) / (-2(5)(10) ]  =  cos-1 (.76) = about 40.54°

Which improper fraction is equivalent to 17.8?

89/10

93/10

89/5

Answers

Answer:

17.8.

Step-by-step explanation:

89/5

= 17 4/5

= 17.8.

The correct improper fraction which is equivalent to 17.8 is,

⇒ 17.8 = 89 / 5

What is Rational number?

A number which can be written in the form of fraction p / q , where q is non zero, are called Rational numbers.

We have to given that;

The number is,

⇒ 17.8

Now,

We can simplify the number as;

⇒ 17.8

⇒ 178 /10

⇒ 89 / 5

Therefore, The correct improper fraction which is equivalent to 17.8 is,

⇒ 17.8 = 89 / 5

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Nancy left a bin outside in her garden to collect rain water. She notices the 1/2 gallon fills 2/3 of the bin. Write and solve an equation to find the amount of water that will fill the entire bin. Show your work. Explain your answer in words.

Answers

Here we want to solve a question involving fractions, we will find that:

3/4 gallon fils the complete bin.

Ok, so we know that 1/2 gallon of water, fills 2/3 of the bin.

We want to find the total amount of water that would fill the entire bin.

So we could write an equation like:

amount of water =  amount of the bin that it fills.

Then, using the above information, we have:

1/2 gal  = 2/3 of a bin

Now we want to get at 1 on the right side, this would mean "1 bin"

Then we multiply both sides by (3/2)

(3/2)*(1/2) gal = (3/2)*(2/3) of a bin

3/4 gal = 1 bin

From this, we can conclude that (3/4) gallons of water would fill the complete bin.

If you want to learn more about algebra, you can read:

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x = 0,75 gallons      or       x  = 3/4   gallons      The volume of the bin

The volume of the bin is: In terms of a fraction

1  =  3/3      or any unitary fraction   5/5    7/7    9/9

We will take 3/3 since we have the information that 2/3 of the volume of the bin was filled with 2/3 of a gallon

If  2/3 of the volume of the bin was filled with 1/2 gallon then we make a rule of three according to:

If     0,5  gal.         fill    2/3 of the volume of the bin   then

          x   gal         fill     3/3  ( the volume of the bin)

solving

0,5 (gal) * 3/3    =   (2/3)*x       ( The equation)

0,5*3 = 2*x

x  =  (0,5*3)/2

x = 0,75 gallons      or       x  = 3/4   gallons

Complete the equation: x2 + 8x + __ = (__)^2

Answers

Answer:

B

Step-by-step explanation:

16,x+4

by completing square formula

Find the probability that a randomly
selected point within the circle falls
in the white area.
r = 4 cm
2.5 cm
3 cm
3 cm
[?]%
Round to the nearest tenth of a percent.

Answers

Answer:

61.2%

Step-by-step explanation:

Area of the circle π(4²) = 50.265... cm²

Area of the triangle = ½(6)(6.5) = 19.5 cm²

probability of landing is white is

1 - (19.5 / 50.265) = 0.612059...

The probability that a randomly selected point within the circle falls in the white area is 61.22%.

What is probability?

It is defined as the ratio of the number of favorable outcomes to the total number of outcomes, in other words, the probability is the number that shows the happening of the event.

As we know the circle is a set of points, where each point is at the same distance from a fixed point (called the center of a circle)

The total outcomes = The area of a circle

The area of the circle = πr²

The area of the circle = π(4)²

Because r = 4 cm

The area of the circle = 50.285 square cm

The area of the triangle = (1/2)(3+3)(4+2.5)

The area of the triangle = 19.5 square cm

The area of the white region = 50.285 - 19.5 = 30.785 square cm

Probability = 30.785/50.285

Probability = 0.6122 or

Probability = 61.22%

Thus, the probability that a randomly selected point within the circle falls in the white area is 61.22%.

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Which box holds more popcorn?

Answers

Answer:

Amanda's popcorn container holds more popcorn

Step-by-step explanation:

First we'll have to find the volume.

The Volume helps us determine which is bigger.

Step 1

We'll find Amanda's popcorn container

10cm*10cm*13.5cm=1350cm

Step 2

We'll find Mary's popcorn container

8cm*8cm*20cm=320cm

Step 3

Since Amanda's popcorn container has 1350cm (volume) and Mary's popcorn container has 320cm (volume) we'll have this. 1350cm>320cm. We can determine the Amanda's popcorn container has holds more,

Final Answer

Amanda's popcorn container holds more popcorn

What is the maximum value of the objective function, P, with the given constraints?

P = 25x+45y

(4x+y≤16)
(x+y≤10)
(x≥0)
(y≥0)

Options

A: 100
B: 410
C: 450
D: 720

Answers

Answer:

D

Step-by-step explanation:

Please help explanation if possible

Answers

Answer:

10% gain

Step-by-step explanation:

[P2-P1]/P1

(33-30)/30=3/30=.1 or 10% gain.

Answer:

10%

Step-by-step explanation:

→ Minus the new share from the old one

33 - 30 = 3

→ Divide the answer by the original price

3 ÷ 30 = 0.1

→ Multiply the answer by 100

0.1 × 100 = 10%

find inverse of f(x)=- 1/2 x+11

Answers

Answer:

-2x + 22

Step-by-step explanation:

We have the function f(x) = -1/2x + 11 and are asked to find the inverse of it.

To find the inverse, we will follow the according steps :

Replacing x with ySolving for y

Let's do as followed:

Replacing x with y :

Since f(x) can be also written as y, we can do y = -1/2x + 11, thus making the switch alot easier.

y = -1/2x + 11

x = -1/2y + 11

Solve for y :

We have to get y alone to find the inverse, to do so, get rid of the outlier by subtracting 11 from both sides :

x - 11 = -1/2y

Now divide both sides by -1/2 to get y alone and retrieve our inverse :

-2(x - 11)

Distribute to get the inverse :

-2x + 22

ixl area of sectors. I am struggling on this question

Answers

Answer:

español :/

Step-by-step explanation:

Answer:

256/5 pi

Step-by-step explanation:

= angle/360 × pi×r^2

= 72/360 × pi × 16^2

= 51.2 pi

= 256/5 pi

Evaluate the variable expression x y for the given values of x and y. (If an answer is undefined, enter UNDEFINED.) x = 0; y = 21

Answers

It’s Undefined nothing can be done

find the hcf of 100,24​

Answers

Answer:

4

Step-by-step explanation:

24 = 2^3 x 3

100 = 2^2 x 5^2

HCF = 2^2 = 4

given the circle find the arc measure

Answers

9514 1404 393

Answer:

  87°

Step-by-step explanation:

Call the circle center point X. The measure of arc FG is the measure of central angle FXG, which is the supplement of central angle GXH.

 arc FG = 180° -93° = 87°

Terry got 27 out of 50 for his Maths test. What is his mark as a percentage?

Answers

Answer:

54%

Step-by-step explanation:

Concepts:

A percent is a value indicating hundredth parts of any number. 1%/one percent would be equal to a hundredth part, and 100% would be the entire quantity.

Solving:

Let's solve this problem by going through the steps to find the percentage.

1. Find out the entire amount

Since Terry got 27/50 on his math test, we can assume he got 27 questions right out of 50 questions. This means, in total, there was 50 questions.

2. Divide the number you want expressed as a percent by the total quantity

The number we want in this question to be expressed as a percent is 27, and the total quantity is 50.27 ÷ 50 = 0.54

3. Multiply the resulting value by 100

The result we got when we divided 27 by 50 is 0.540.54 · 100 = 54

4. Add the percent symbol (%) at the end of the value

The value we got was the number 5454%

Therefore, Terry's marks as a percentage is 54%.

Meena's father's present age is six times Meena's age. Five years from now she will be one-third of her father's present age. What are their present ages?​

Answers

Answer:

Meena's age is 5 and her fathers age is 30 years old.

Step-by-step explanation:

Let's assume Meena's age to be x years old.

Meena's dads present age is 6x.

5 years from now Meena's age will be (1/3)rd of her dads age

x+5= 1/3 * 6x

x+5=2x

x=5.

Meenas present age is 5 years and her dads age is 30 years

University Trailer Sales Company sold 356 utility trailers during a recent year. If the gross annual sales for the company was ​$328128​, what was the average selling price for each​ trailer?

The average selling price of each trailer was nearly ​$
​(Round to the nearest whole​ number.)

Answers

Answer:

The Answer is 2000$..........

Belinda wants to invest in an option that would help to increase your investment value by the greatest amount in 20 years. Will there be any significant can difference in the value of Belinda‘s investment after 20 years if she uses option two over option one? Explain your answer, and show the investment value after 20 years for each option.

Answers

Step-by-step explanation:

Part A, Option 1 is a exponential function while option is a linear equation.

Part B, Let y=b*a^(x) be the function for option 1. At x=1, y=1100 and at x=2, y=1210. 1100=b*a and 1210=b*a^2. Dividing them both we get, b=1.1 and a=1000. y=1000*(1.1)^(x). For option 2, it's a linear equation with a function y(x)=1000+100x.

The 20 year difference would be immense. With option 1, Belinda will get $6727.5 whereas with option 2, they will end up with $3000

Are 3(3x - y) and 12 ( x - 4y ) equivalent expression?

Answers

Answer:

No, they are not.

Step-by-step explanation:

If you distributed 12(x - 4y), you would get 12x - 48y. If you distributed 3(3x-y), you would get 9x- 3y. 12x - 48y and 9x - 3y are not equivalent. Hope this helped!

Find the area of the shaded regions.

Answers

Answer:

around 22, or 21.98

Step-by-step explanation:

[tex]s1 = {r}^{2} \times \pi = 9 \times 3.14 = 28.26[/tex]

[tex]s2 = 1 \times 3.14 = 3.14[/tex]

[tex]s3 = 28.26 - (3.14 \times 2) = 28.26 - 6.28 = 21.98[/tex]

Function A is a linear function. An equation for Function A is 3x + 4y = 28.
Which of the following functions has the same slope as Function A?
4
3
3
y = -x
4
4
y = -x
3
-
3
4.
4 3
y = --X +
3 4
3 4
y = --X +
4 3

Answers

First, convert that into a y=mx+b form.

Move the x to the other side so y is the only thing on the left. Since you moved it to the other side of the equal sign, be sure to make that number negative (the opposite sign)

Now… you have 4y=-3x+28
Let’s get y by itself. Since you’re multiplying 4 and y, you divide everything by 4 to get your y.

That leaves you with y=-3/4x+7.

We are looking at slope, which is your m in the y=mx+b form.

That is -3/4. The answer is the last square.

A concern of Major League Baseball is that games last too long. Some executives in the league's headquarters believe that the mean length of games this past year exceeded 3 hours (180 minutes). To test this, the league selected a random sample of 80 games and found the following results: = 193 minutes and s = 16 minutes.
Based on these results, if the null hypothesis is tested using an alpha level equal to 0.10, which of the following is true?

a. The null hypothesis should be rejected if xbar > 182.31.
b. The test statistic is t = 1.2924.
c. Based on the sample data, the null hypothesis cannot be rejected.
d. It is possible that when the hypothesis test is completed, a Type II statistical error has been made.

Answers

Answer:

it is possible that when the hypothesis test is completed,a type ll statistical error has been made

Evaluate f(g(3)) if f(x)=6x−4 and g(x)=x2.
(Please Explain! Thank you)

Answers

Answer: 50

Step-by-step explanation:

f(x) = 6x-4 and g(x) = x^2

f(g(3)) means what is the value of the function f when it is evaluated at the value of g(3).

So g(x) is x^2 so g(3) is 3^2 = 9

Therefore we put 9 in for f(g(3))= f(9) = 6(9) - 4 = 54 - 4 = 50

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