Question 6 if an insurance company has 10000 policies, and each has 0.1 probability of making a claim, what is the standard deviation of the fraction of policies which result in a claim?

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Answer 1

Answers is 0.003.

The standard deviation is √(p(1-p)/n), and √(0.1(1-0.1)/10000) = √(0.09/10000) = 0.3/100 = 0.003

In statistics, standard deviation is a measure of variation or variance in a set of values. A low standard deviation indicates that the values ​​tend to be closer to the mean of the set, while a high standard deviation indicates that the values ​​are more spread out.

What is the standard deviation?

The standard deviation indicates how spread out the data are. This is a measure of how far each observation is from the mean. For each distribution, approximately 95% of the values ​​are within 2 standard deviations of the mean.

Why is the standard deviation important?

The standard deviation is important Because it helps us understand the measurements when the data is distributed. The more dispersed the data, the larger the standard deviation of that data.

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Related Questions

Understanding the culture policies and procedures of the organization in which the project is being performed is most challenging in:________

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The most difficult situations arise in global organisations while attempting to understand the culture, regulations, and procedures of the organisation where the project is being carried out.

More about global organisations:

The culture, policies, and procedures of the office where the work is being done may differ from the office where the project is being managed, and they may even differ across domestic and foreign offices of the same business. This will have an impact on project management.

A stable set of standards and guidelines intended to regulate the conduct of states and other participants in the international system is referred to as a global organisation (also known as an intergovernmental organisation or an international institution).

Organizations, like the United Nations, the World Health Organization, and NATO, may be created by a treaty or be a thing governed by international law and having its own legal personality.

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Enslaved people were most likely to develop a society and culture of their own when ______.

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Enslaved people were most likely to develop a society and culture of their own when they lived in larger communities.

The majority of enslaved men and women were employed as house servants or farm laborers on sizable agricultural plantations at the beginning of the 19th century.

Enslaved men and women endured a cruel way of life that included oppression, severe penalties, and rigid race policing.

To deal with the cruel reality of life on the plantation, enslaved individuals developed a range of coping strategies. They fought against slavery in small ways every day and occasionally planned bigger uprisings.

In the American South, men and women who were enslaved developed their own distinctive religious culture by fusing Christian and West African spiritual practices.

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What is the most common monosaccharide? why is this monosaccharide so important to our daily fauncitioning?

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The most common monosaccharide Glucose.

Why is this monosaccharide so important to our daily functioning?During the period of transition from fetal to neonatal life, glucose homeostasis is the cornerstone of energy supply and maintenance.Several health issues can arise when the level of glucose in your blood is either too high or too low.Most frequently in persons with diabetes mellitus, glucose is used to treat extremely low blood sugar (hypoglycemia).Glucose works by rapidly raising the level of glucose in your blood.Given the fundamental role of glucose as an energy source and the fact that brain tissues cannot produce it, it is of utmost significance to human health. As a result, maintaining healthy blood glucose levels is essential for survival.

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(midrange). the midrange a distribution is defined as the average of the maximum and the minimum of that distribution. is this statistic robust to outliers and extreme skew? explain your reasoning.

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Because it excludes all intermediate points and is inefficient as an estimate for the majority of relevant distributions, the mid-range is rarely utilized in practical statistical research. It also lacks robustness because outliers drastically alter it. Indeed, it is among the least accurate and reliable statistics.

It is determined by adding together all of the values in a set and dividing them by how many values there are altogether. The mean is extremely susceptible to outliers (more on outliers in a little bit). Midrange: To get the midrange, combine the highest and lowest values of a data set together and divide the result by two.

The midpoint is the average of two numbers in the set of data. The middle 50% of values in an ordered data set (lowest to highest values are listed in ascending order) is known as the interquartile range or midrange and is frequently seen in box plots of data sets.

The midpoint of a range of values is the mean of the lowest and highest numbers that appear in the range. Simply put the smallest and largest values together and divide the result by two to find the intermediate value in the supplied data set. The following is the formula for calculating the midrange: (Minimum Value + Maximum Value) / 2 is the midpoint.

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Which best explains how French and English settlers treated American Indians differently?

The French lived alongside them, while the English forced them off their land.
The French enslaved them, while the English treated them as equals.
The English carried diseases that killed them, while the French brought cures.
The English became trading partners with them, while the French forced them to work.

Answers

Answer:

The French lived alongside them, while the English forced them off their land.

Explanation:

The answer is A) The French lived alongside them, while the English forced them off their land.

The French appreciated the lifestyle of the American Indians. They followed some of their customs and rituals as well. Meanwhile, the English liked the abuse them and forced them off their territories in order to colonise the land. However, the English believed that they had done them good by saving them from the Spanish tribes which was not true.

Choosing to produce at any point within (inside, not on) a production possibilities frontier is:_______

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Choosing to produce at any factor within (internal, now not on) a production possibilities frontier is: inefficient.

If there is a 50-50 hazard in which you might attend a celebration, that is an example of a possibility you'll attend. if you have a red dress to put on or a green dress to wear, the inexperienced get dressed is an instance of an opportunity you can pick from. The nice situation of being possible. The truth or state of being feasible. possibilities are if you have new possibilities and new avenues to discover and find out. They placed you in contact with new thoughts, opportunities, and people. They open up your lifestyle to nearly something.

According to Aristotle, the possibility is to be understood with regard to necessity: whereas a necessary proposition predicates something of an element's essence (as in “All human beings are mortal”), a probable proposition predicates something of an issue this is simply accidental (as in “a few human beings are tall”).

"Possibility" is the potential for something to occur without creating a prediction approximately whether or not it's going to or won't. "chance" shows that something is each viable and in all likelihood to occur.

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How errors made in measuring variables in an experiment affect the final result is an importantr?

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Instrumental, environmental, procedural, and human errors are frequent causes. Depending on how they affect the outcomes, each of these errors can either be random or systematic.

Error is the discrepancy between a physical quantity's calculated value and its actual value. In physics, there are basically three different forms of errors: random errors, mistakes, and systematic errors. Uncertainty analysis, often known as error analysis, is the process of assessing the degree of uncertainty related to a measurement result. There can be no reliable scientific results without a proper error analysis. The accuracy and precision of the measurement determine how uncertain a measurement can be.

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Explain two reasons why the trinity is important to Christians.

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Answer: God the Son helps Christians to understand how God makes his love known in the world.

Explanation: Jesus spread teachings of compassion and healed people who were sick. The life of Jesus, as described in the Gospels , also demonstrates that sacrifice and suffering are important parts of the human experience.

Answer:The trinity is important to christians because is states what christians believe god is like and who he is and it plays a central part in christians worship of an unobjectifiable and incomprehensible God

What method should be used to pass an array to a function that does not modify the array?

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A constant pointer to constant data method should be used to pass an array to a function that does not modify the array.

The data that the pointer points to is fixed and immutable. The pointer itself is fixed; it cannot move or point in a different direction.

    What is constant pointer to constant data?

A constant pointer to constant is a pointer that is incapable of changing the address it points to or the value stored there.Const type of pointer>* name of pointer> is the definition of a pointer to a constant. Let's look at a brief example of a pointer to a constant in code: #includestdio.h> int main(void) int var1 = 0; const int* ptr = &var1; *ptr = 1; printf("%dn", *p.Anytime an array name appears in an expression, it is automatically transformed into a pointer to the array's first element. Since array in the example above is of the integer type, it is referred to as a "constant pointer to int."

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why were the WRIST crops unsuccessful during the Trustee period

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The reason why the WRIST crops were unsuccessful during the Trustee period was because slavery was not allowed.

What were the WRIST crops?

WRIST crops is an acronym that stands for wine, rice, indigo, silk, and tobacco. These were cash crops that were grown in Georgia when it was a colony and afterwards as well.

Under the Trustees, the Georgia colony was unsuccessful in growing WRIST crops because they needed a high amount of labor that was cheap like slavery would provide and yet the Trustees refused slavery in Georgia.

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Managers with a(n) ________ attitude view every foreign operation as different and hard to understand.

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Managers with a polycentric approach have a better understanding of the local market and customer choice.

In the Polycentric Approach, nationals of the host country are hired for managerial positions to run the subsidiary company's operations. The rationale behind this approach is that locals in the host country are more familiar with their culture and can run the business more efficiently than their foreign counterparts. The polycentric approach is a hiring and staffing method in which a country's international subsidiaries hire team members from the host country rather than from the parent company's location. One advantage of using the polycentric approach is that it eliminates the need for the ethnocentric hiring adjustment period.

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Why might an individual's moral philosophies differ when making a personal decision versus a work-related decision?

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Individual moral philosophies differ when making a personal decision versus a work-related decision because goals and pressure in the workplace are different from those of outside work.

What do you mean by Moral philosophy?

Moral philosophy may be defined as a branch of philosophy that significantly deals with the nature and behavior of morality and the theories that are utilized in order to reach decisions about what one ought to do and why.

A personal decision is typically based on one interest and likelihood while a work-related decision is to alter own decision due to the betterment of work location like job, office, etc. These decisions are based on the requirement of the institution and organization.

Therefore, goals and pressure in the workplace are different from those of outside work is the most prominent reason for differing in an individual's moral philosophies regarding the work-related decision.

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A ____________ is a statement that justifies the use of evidence for a particular claim. a. warrant b. fallacy c. reason d. point of view

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Answer:

I guess point of view and reason

A warrant is a statement that justifies the use of evidence for a particular claim. So the correct option is a.

A warrant is a declaration that links the supporting evidence to the assertion and details how the evidence backs up the assertion. It creates a logical and convincing link between the claim and the supporting evidence.

A warrant is a logical and rational rationale for why a certain piece of evidence supports a claim in the context of argumentation or reasoning. It creates a crucial connection between the evidence and the assertion, assisting in proving the relevance and reliability of the evidence in substantiating the assertion. So the correct option is a.

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what is the effect of climate on the vegetation of greenland ( the land of snow ) ?​

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Answer:

Greenland's harsh climate affect its vegetation therefore very few plants and trees grow here. The soil in this region remains frozen throughout the year, Hence it is also called the tundra region. Grasses, shrubs and mosses are only plants that grow here.

In "second daughter's second day on earth jacqueline's presents the stories of famous activists alongside the story of her birth what does this suggest about jacqueline's own future

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In "second daughter's second day on earth jacqueline's presents the stories of famous activists alongside the story of her birth suggesting that she still has to work for a better free life, but she is confident that everyone will have equal rights in the future, regardless of their gender or skin color.

Jacqueline shares certain characteristics with Rosa Parks, Ruby Bridges, James Baldwin, Malcom X, Martin Luther King Jr., and James Baldwin. Because Jacqueline also fights for civil rights, she connects herself to the persons mentioned in the poem who were all civil rights activists.

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If you described washington, d.c. as being south of new york city, you would be describing its . question 10 options: absolute location exact location longitudinal location relative location

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When we are describing Washington D.C as being south of New York city, we would be describing its Relative location

Relative location refers to the position of a place or entity based on its location with respect to other locations. Its not a fixed reference , it changes depending on the referred location.

One more Example on Relative location -

The United States is located south of Canada. If the location of the United States is described based on its relative location to Venezuela, then it would be described as being north of that country.

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O how would erikson classify darrel and what would he predict concerning late adulthood?

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Coming to terms with one's life.Integrity-whole and satisfied with achievements.Despair-time is too quick to find an alternate route to integrity.

Why is Erikson's theory of psychosocial expansion important?

Its importance lies in the fact that it delivers a holistic view of consequence throughout the entire lifespan. It also stresses on the influence of social relationships on product.

What is the best explanation of Erikson's psychosocial theory of human development?

Erikson maintained that character develops in a predetermined order through eight stages of psychosocial development, from babyhood to adulthood. During each stage, the person experiences a psychosocial crisis which could have a favorable or negative outcome for personality development.

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____ include all individuals who gain knowledge and utilize the information effectively to enhance the organization.

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Knowledge workers include all individuals who gain knowledge and utilize the information effectively to enhance the organization.

Who are knowledge workers?

In his book The Landmarks of Tomorrow, Peter Drucker first used the term "knowledge worker" (1959).

Knowledge workers, as defined by Drucker, are high-level employees who use theoretical and analytical knowledge that they have learned through formal education to generate products and services.

Knowledge workers are individuals who gather, organize, analyze, and apply information to carry out diverse, unpredictable labor.

To solve issues, generate ideas, or develop new goods and services, they examine the information and use their experience in a number of fields.

A knowledge worker is an employee whose expertise in a certain subject is their main contribution to the company.

Doctors, academics, engineers, and architects are a few examples of knowledge workers.

Instead of performing manual labor, knowledge workers are supposed to think for a living.

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How does the narrator describe the events of the apocalypse that he sees in his vision?

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The narrator in "By the Waters of Babylon" describe the events of the apocalypse as when gods war with gods, they use weapons we do not know. It was fire falling out of the sky and a mist that poisoned.

The search of knowledge is one of the main themes of By the Waters of Babylon, and John's curiosity and final journey to the Place of the Gods are motivated by this topic. John, the main character, battles his own anxieties as well as threats from the outside world.

John learns that some people mistake technology for magic out of superstition, but he still believes in magic and is fascinated by it. John has a strong desire to learn new things, and the priests' instructions just fuel this desire. John's ambition moves the plot along.

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What happens when the costdriver activity level increases within the relevant range?

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If the cost driver level increases, total fixed cost will remain the same, but the total number of units will increase, and unit fixed cost will decrease, not increase. Contrast this with variable costs, which depend on volume  and are unknowable at the start of the accounting year.

Fixed costs, sometimes referred to as indirect costs or overhead costs in accounting and economics, are costs incurred by a corporation that are independent of the volume of goods or services the company produces. They frequently occur again and again, like monthly rent or interest increases payments. These expenses are often capital expenses as well.

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What effect did adding more of one type of charge (but not the other) have on the general position and shape of the equipotential lines?

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Equipotential lines are like contour lines on a map, tracing lines of equal height. In this case, "level" is potential or voltage. Equipotential lines are always perpendicular to the electric field. In three dimensions, lines form equipotential surfaces.

Therefore, it takes work to change the voltage, and since there is no change, it is 0, so the voltage on the surface and the equipotential lines remain the same. Therefore, the equipotential lines and the surface are parallel because they are not subjected to voltage.

Equipotential surfaces are circular in two dimensions. Since the electric field lines are radially away from the charge, they oppose the equipotential lines. Therefore, the electric field is perpendicular to the equipotential surfaces.

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The ________ environment sets the basic rules for how a business can operate in society.

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The legal environment sets rules that describe how a business can operate in society.

The legal environment of business refers to the code of conduct that describes the legal boundaries for business activity. The legal framework is a policy that helps to develop the laws to achieve the economic goals of a country as well as a business organization.

The legal environment is considered an important factor for setting up or running any business activities by an individual or any business organization in a country.  The legal environment in one country is different from the other country.

The legal environment of business plays an important role in the success rate of businesses. The Government of the country levied taxes on business organizations which protect the consumers as well as the entrepreneurs. It also protects the economic growth of a country from illegal issues.

Legal environment plays a vital role in deciding how to operate the business, and operate the activities, what percentage of profit they get, how the customer behaves with them etc A healthy economy depends on the legal environment of business.

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What individuals in a hospital or er setting can prescribe medication? (select all that apply)

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Medical doctors or doctors of medicine generally specialize in allopathy and focus on treating specific conditions with medication. They are licensed by the state licensing boards to prescribe medication.

Medication is a chemical or compound used to cure, stop, or prevent disease. Alleviate symptoms. or help diagnose disease. Advances in medicine have enabled doctors to cure many diseases and save lives.

In its social role, medication is responsible for promoting health and preventing disease. Placing their role in the social context in which it is practiced is equally important. Equally important are aspects of social determinants and social inequalities that may contribute to disease etiology.

A medication benefit is any beneficial effect you get when you use a drug, such as B. Lower blood pressure, cure infections, or relieving pain. A drug's risk is the potential for undesirable or unexpected events to occur during its use.

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The addition or removal of ____ heat causes thermodynamic phase changes in a substance.

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The addition or removal of latent heat causes thermodynamic phase changes in a substance.

What is a latent heat?

It refers to the amount of heat required to convert the solid into liquid or vapor and a liquid into a vapor without changing the temperature.

The two types of latent heat are:

Latent heat of fusion: This is the amount of heat energy released or absorbed when the solid converted to liquid at atmospheric pressure at its melting point.Latent heat of vaporization: This is the amount of heat energy released or absorbed when the liquid converted to vapor at atmospheric pressure at its boiling point.

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______ change is an evolutionary approach to change in which managers at all levels work together to develop a detailed plan for change.

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Bottom-up change is considered an evolutionary approach to change in which managers at all levels work together to develop a detailed plan for change.

Whenever a bottom-up approach allows certain decisions to be made by the same number of people who are working directly on a particular project, the top-down style of management will create a distance between that team and the decision-making team.

Bottom-up change management makes the involvement of those affected by a change in the process. This approach is then seeking to avoid several pitfalls of the changes imposed by allowing individuals within their working groups to come to particular terms involved with change.

Bottom-up change is considered as it is a gradual or those evolutionary approaches by which managers existing at all levels will work together to develop a detailed plan as it is for a change.

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what does it mean to be a human?

Answers

Answer:

It means your not perfect and do mistakes. It means you' re a mammal. It means you need food and water. It means you need oxygen.

Explanation:

Hope It Helps

Sorry If I'm Wrong

Answer:

Being human means accepting all that you are and living your life in a way without regret or worry. Being human means having and showing emotions. Crying when you're upset or mad, laughing like a maniac when something humors you, and loving people to the ends of the Earth—and letting them know that.

Explanation:

sorry if it doesnt help

Psychological soundness, autonomy, and self-acceptance are components of which dimension of wellness?

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Psychological soundness, autonomy, and self-acceptance are components of emoti_onal wellness.

What is emotional wellness?Your ability to carry out daily tasks, your relationships, and your general mental health can all be impacted by how you are feeling. Over time, you might alter how you respond to your feelings and experiences. The capacity to adequately manage life's stres_sors and adjust to change and challenging circumstances is known as emo_tional wellbeing.Finding happiness and success requires cultivating emo_tional wellness. We shall all experience trials and difficulties. The ability to handle these difficulties, such as stress, relationships, responsibilities, trau_matic occurrences, and unexpected scenarios, is a sign of emoti_onal health.Emotionally stable individuals frequently possess strong coping skills that come in handy when faced with challenging circumstances. employing meditation and breathing exercises. Talking to friends arranging for leisure time.

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Why does achilles organize a series of games? what does this tell us about the purpose of sport in the era homer is writing about?

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Once Patroklos had passed away or been buried, Achilles organized these games to inspire the next Acadian hero. Sports were used during the Homer era to demonstrate superiority and legitimacy for a position in government.

A common definition of legitimacy in political science and sociology is the conviction that a law, institution, or leader has the authority to rule. An individual's assessment of the propriety of a hierarchy between a rule or ruler and the subject, as well as the subordinate's duties to the rule or ruler, is involved. It essentially means abiding by or following the laws or rules. When something is justified, it becomes true, has authority over other things, or has a legal obligation. The noun form of legitimate is legitimation.

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5. what are the risks associated with electronic confirmations? how can an auditor gain confidence in the reliability of responses received electronically?

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The risks associated with electronic confirmations are- reliability, falsification and fraud.

A reliable electronic confirmation procedure means that the auditor can be confident. She is addressing the verification application to the right individual. At the entity level, the auditor should assess whether the confirming organization is a genuine company.

The auditors can develop confidence in the reliability and performance of electronic responses in the following manner.

- The auditor must ascertain whether proof offered by electronic confirmations lessens audit risk to a satisfactory level for the assertions in inquiry. The auditor should take the account balance's magnitude in addition to his or her inherent and control risk monitoring when making this commitment.

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The process of ensuring that the plan is actually carried out and is appropriately modified as circumstances change is referred to as:________

Answers

Answer:

why don't you search it

Explanation:

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