« previous next »

Author Question: Safety Insurance Company has compiled the following statistics. For any one year period: P(accident ... (Read 187 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
on: Jun 24, 2018
Safety Insurance Company has compiled the following statistics. For any one year period: P(accident  male driver under 25) = .22 P(accident  male driver over 25) = .15 P(accident  female driver under 25 = .16 P(accident  female driver over 25) = .14 The percentage of Safety's policyholders in each category are: Male Under 25 20 Male Over 25 40 Female Under 25 10 Female Over 25 30
 a. What is the probability that a randomly selected policyholder will have an accident within the next year?
  b. Given that a driver has an accident, what is the probability that the driver is a male over 25?
  c. Given that a driver has no accident, what is the probability the driver is a female?
  d. Does knowing the fact that a driver has had no accidents give us a great deal of information regarding the driver's sex?

Question 2

If only MSE is known, you can compute the
 a. r square
  b. coefficient of determination
  c. standard error
  d. all of these alternatives are correct


recede

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. .162
b. .37
c. .408
d. no

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

A 100-Year Flood Map of Montpelier, Vermont A 100-Year Flood Map of Montpelier, Vermont
The hatred and vengeance of adults become the children’s heritage. The headband of this 4-year-old ... The hatred and vengeance of adults become the children’s heritage. The headband of this 4-year-old ...
Tall safety stands can be used to provide additional support for the vehicle while on the hoist. Tall safety stands can be used to provide additional support for the vehicle while on the hoist.
Two lymphocytes that are reactive in a 19-year-old college student with infectious mononucleosis. ... Two lymphocytes that are reactive in a 19-year-old college student with infectious mononucleosis. ...
Elizabeth, a married 35-year-old woman, always thought that she followed a sensible diet Elizabeth, a married 35-year-old woman, always thought that she followed a sensible diet
Embryonic Period Embryonic Period
Video: Febrile Seizure

For a complete list of videos, visit our video library