Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a relay microchip in a telecommunications satellit

A relay microchip in a telecommunications satellite has a life expectancy that follows a normal...

90.2K

Verified Solution

Question

Basic Math

image

A relay microchip in a telecommunications satellite has a life expectancy that follows a normal distribution with a mean of 92 months and a standard deviation of 3 1 months When this computer relay microchip malfunctions the entire satellite is useless A large London insurance company is going to insure the satellite for 50 million dollars Assume that the only part of the satellite in question is the microchip All other components will work indefinitely LUSE SALT a For how many months should the satellite be insured to be 98 confident that it will last beyond the insurance date Round your answer to the nearest tenth of a month x months b If the satellite is insured for 84 months what is the probability that it will malfunction before the insurance coverage ends Round your answer to four decimal places c If the satellite is insured for 84 months what is the expected loss to the insurance company in dollars Round your answer to the nearest dollar x d If the insurance company charges 3 million for 84 months of insurance how much profit does the company expect to make in dollars Round your answer to the nearest dollar

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Given: f (x) = (x − 2)/(x^2 − x +1)^2 a) Find the intervals where f(x)...

Biology
1.2K views

explain how the following factors influence the rate and depth of respiration: increased body temperature, exercise, talking and coughing

General Management
1.2K views

Article The last thing Eric Holt had expected to miss about New York City was its sunrises....

Biology
1.2K views

When something changes and this change initiates a chain of events culminating in aresponse which...

Physics
1.2K views

Two charges q and q2 are placed 30 cm apart as shown in the figure...

Basic Math
1.2K views

A space shuttle is made using a scale of 1 inch : 12 feet. If...

Statistics
1.2K views

Frequency 10 8 6 4 20 160 Yolk Masses of Eggs in Past Breeding Seasons...

Algebra
1.2K views

When a zero root has an even multiplicity the graph When a zero root has...

Accounting
1.2K views

In order to compute the breakeven point either in revenues or units, are we able...

Accounting
1.2K views

39. El propsito de la transformacin de datos, como parte del proceso ETL, es ...

Accounting
1.2K views

Assume Piper Manufacturing produced 10,000 units of inventory and sold 6,000 of these units for...

Accounting
1.2K views

can someone explain to me Question 9 , especially the numbers in schedule how do...