Statewide Auto Insurance believes that for every trip longer than 10 minutes that a teenager drives, there is a 1 in 1,000 chance that the drive will result in an auto accident. Assume that the cost of an accident can be modeled with a beta distribution with an alpha parameter of 2, a beta parameter of 3, a minimum value of $300, and a maximum value of $18,000. Construct a simulation model to answer the following questions. (Hint: Review Appendix 11.1 for descriptions of various types of probability distributions to identify the appropriate way to model the number of accidents in 500 trips.)

Using the graph below, select all statements that are true. a. f(0.6)=0 b. f(-3.2)=-3 c. f(5.1)=5 d. this is the graph of the greatest integer function. e. this graph is one-to-one.

You spin the spinner shown below once. each sector shown has an equal area. what is p(beaver ) p(beaver)? if necessary, round your answer to 2 2 decimal places.

An oil exploration company currently has two active projects, one in asia and the other in europe. let a be the event that the asian project is successful and b be the event that the european project is successful. suppose that a and b are independent events with p(a) = 0.2 and p(b) = 0.8. (a) if the asian project is not successful, what is the probability that the european project is also not successful? (b) what is the probability that at least one of the two projects will be successful? (c) given that at least one of the two projects is successful, what is the probability that only the asian project is successful? (round your answer to three decimal places.)