Actuaries at an insurance company must determine a premium for a new type of insurance. a random sample of 40 potential purchas-ers of this type of insurance were found to have incurred the following losses (in dollars) during the past year. these losses would have been covered by the insurance if it were available. 100 32 0 0 470 50 0 14,589 212 93 0 0 1127 421 0 87 135 420 0 250 12 0 309 0 177 295 501 0 143 0 167 398 54 0 141 0 3709 122 0 0 a. find the mean, median, and mode of these 40 losses. b. which of the mean, median, or mode is largest? c. draw a box-and-whisker plot for these data, and describe the skewness, if any. d. which measure of center should the actuaries use to deter-mine the premium for this insurance?

450

step-by-step explanation:

you get texts and minutes, so why not

1. f(x)=x²+10x+16

use the formula to find the vertex = (-b/2a, f(-b/2a)) , here in the above equation a=1(as, a> 0 the parabola is open upward), b=10. by putting the values.

-b/2a = -10/2(1) = -5

f(-b/2a)= f(-5)= (-5)²+10(-5)+16= -9

so, vertex = (-5, -9)

now, find y- intercept put x=0 in the above equation. f(0)= 0+0+16, we get point (0,16).

now find x-intercept put y=0 in the above equation. 0= x²+10x+16

x²+10x+16=0 ⇒x²+8x+2x+16=0 ⇒x(x+8)+2(x+8)=0 ⇒(x+8)(x+2)=0 ⇒x=-8 , x=-2

from vertex, y-intercept and x-intercept you can easily plot the graph of given parabolic equation. the graph is attached below.

2. f(x)=−(x−3)(x+1)

by multiplying the factors, the general form is f(x)= -x²+2x+3.

use the formula to find the vertex = (-b/2a, f(-b/2a)) , here in the above equation a=-1(as, a< 0 the parabola is open downward), b=2. by putting the values.

-b/2a = -2/2(-1) = 1

f(-b/2a)= f(1)=-(1)²+2(1)+3= 4

so, vertex = (1, 4)

now, find y- intercept put x=0 in the above equation. f(0)= 0+0+3, we get point (0, 3).

now find x-intercept put y=0 in the above equation. 0= -x²+2x+3.

-x²+2x+3=0 the factor form is already given in the question so, ⇒-(x-3)(x+1)=0 ⇒x=3 , x=-1

from vertex, y-intercept and x-intercept you can easily plot the graph of given parabolic equation. the graph is attached below.

3. f(x)= −x²+4

use the formula to find the vertex = (-b/2a, f(-b/2a)) , here in the above equation a=-1(as, a< 0 the parabola is open downward), b=0. by putting the values.

-b/2a = -0/2(-1) = 0

f(-b/2a)= f(0)= −(0)²+4 =4

so, vertex = (0, 4)

now, find y- intercept put x=0 in the above equation. f(0)= −(0)²+4, we get point (0, 4).

now find x-intercept put y=0 in the above equation. 0= −x²+4

−x²+4=0 ⇒-(x²-4)=0 ⇒ -(x-2)(x+2)=0 ⇒x=2 , x=-2

from vertex, y-intercept and x-intercept you can easily plot the graph of given parabolic equation. the graph is attached below.

4. f(x)=2x²+16x+30

use the formula to find the vertex = (-b/2a, f(-b/2a)) , here in the above equation a=2(as, a> 0 the parabola is open upward), b=16. by putting the values.

-b/2a = -16/2(2) = -4

f(-b/2a)= f(-4)= 2(-4)²+16(-4)+30 = -2

so, vertex = (-4, -2)

now, find y- intercept put x=0 in the above equation. f(0)= 0+0+30, we get point (0, 30).

now find x-intercept put y=0 in the above equation. 0=2x²+16x+30

2x²+16x+30=0 ⇒2(x²+8x+15)=0 ⇒x²+8x+15=0 ⇒x²+5x+3x+15=0 ⇒x(x+5)+3(x+5)=0 ⇒(x+5)(x+3)=0 ⇒x=-5 , x= -3

from vertex, y-intercept and x-intercept you can easily plot the graph of given parabolic equation. the graph is attached below.

5. y=(x+2)²+4

the general form of parabola is y=a(x-h)²+k , where vertex = (h,k)

if a> 0 parabola is opened upward.

if a< 0 parabola is opened downward.

compare the given equation with general form of parabola.

-h=2 ⇒h=-2

k=4

so, vertex= (-2, 4)

as, a=1 which is greater than 0 so parabola is opened upward and the graph has minimum.

hope this : )