myopenmath.com .Question 7 0/1 pt 9 3 99 0 Details Roman has purchased the 2-year extended warranty from a retailer to cover the value of his new cellphone in case if it gets damaged or becomes inoperable for the price of $25. Roman's cellphone is worth $1000 and the probability that it gets damaged or becomes inoperable during the length of the extended warranty is estimated to be 4%. Let X be the retailer's profit from selling the extended warranty. Answer the following questions: 1. Create the probability distribution table for X : X outcome profit x , $ P(X = =) the cellphone gets damaged or becomes inoperable no claim filed 2. Use the probability distribution table to find the following: a. E[X] = UX = dollars. (Round the answer to 1 decimal place.) b. SD[X] = ox = dollars. (Round the answer to 1 decimal place.) Question Help: Video 1 Video 2 Written Example 1 Message instructor D Post to forum Question 8 0/1 pt 9 3 99 @ Details Caitlyn has purchased the insurance policy from an insurance company to cover the value of hers house in case if it gets destroyed due to a fire for the price of $1600 per year. Caitlyn's house is worth $450000 and the probability that fire destroys the house during the length of the policy is estimated to be 0.4%. Let X be the insurance company's profit. Answer the following questions: 1. Create the probability distribution table for X : X outcome profit x , $ P(X = x) the house is destroyed the house survived 2. Use the probability distribution table to find the following: a. E[X] = UX = dollars. (Round the answer to 1 decimal place.) b. SD[X] = ox = dollars. (Round the answer to 1 decimal place.) Question Help: Video 1 Video 2 B Written Example 1 Message instructor D Post to forum Question 9 0/1 pt 9 3 99 0 Details Issa has purchased the life insurance policy for her iguana for the price of $200 per year and Issa will receive $2000 in case if her iguana passes away. The insurance company estimated the probability of her iguana passing away during the length of the policy to be 0.3%. Let X be the insurance company's profit. Answer the following questions: 1. Create the probability distribution table for X : X outcome profit x , $ P(X = 2) iguana passes away iguana survives 2, Use the probability distribution table to find the following: a, E[X] = MX = dollars. (Round the answer to 1 decimal place.) b, SD[X] = ox = dollars. (Round the answer to 1 decimal place.) Question Help: Video 1 [) Video 2 ) Written Example 1 Message instructor Post to forum
