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A survey of insurance professionals explores the use of technology in the industry. The table below contains the responses to the question that asked what
A survey of insurance professionals explores the use of technology in the industry. The table below contains the responses to the question that asked what technologies these professionals expected to be most used by the insurance industry in the coming year. Technology Frequency Wearable technology 10 Blockchain technology 9 Artificial Intelligence 14 IoT: retail insurance 30 IoT: commercial insurance 1 Social media 26 a. Compute the percentage of responses for each technology. b. What conclusions can you reach concerning expected technology usage in the insurance industry in the coming year?For each of the following, indicate whether the type of probability involved is an example of a priori probability, empirical probability, or subjective probability. a. Five coins will land on heads. b. According to weather forecasts comma there will be at least 40.5 inches of rainfall next year. c. Upper A certain football team will win the trophy. d. There is a 0.60 probability that an individual student has a part dash time job
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