d) If X1,X2, ...,X, N(µ, o²), and we use X as the point estimate u of the mean u, then (i) P{X = µ) = 1; (ii) P(X < A) = }: (iii) E(X) = µ; (iv) in approximately 95% of samples drawn, X will equal µ.

A company claims that the number of defective items manufactured during each run of making 100 of their products is independent of the number from other runs and that the proportion of defectives is not more than 3%. Assuming that the defective rate for each run is 3% Which of the following can be used to determine whether x = 8 is unusually a high number of defective items on the next run of 100 of their products?

If P(AUB)=0.7, P(AUB')=0.9 what is P(A)?

B6. Pinan Insurance Company wants to study the relationship between the amount of fire damage and the distance between the burning house and the nearest fire station. This information will be used in setting rates for insurance coverage. For a sample of 30 claims for the last year, the director of the actuarial department determined the distance from the fire station (x) and the amount of fire damage, in thousands of dollars (y). The MegaStat output is reported below. ANOVA table Source Regression Residual Total Regression output Variables Intercept Distance-X Answer the following questions. SS 1,864.5782 1,344.4934 3,209.07 Coefficients 12.3601 4.7956 df 1 28 29 MS 1,864.5782 48.0176 Std. Error 3.2915 0.7696 F 38.83 t(df=28) 3.755 6.231 a) Write out the regression equation. Is there a direct or indirect relationship between the distance from the fire station and the amount of fire damage? b) How much damage would you estimate for a fire 5 miles from the nearest fire station?