TABLE 8-3 to Become an Actuary, It Is Necessary to Pass a Pass

question 119

Short Answer

TABLE 8-3
To become an actuary, it is necessary to pass a series of 10 exams, including the most important one, an exam in probability and statistics. An insurance company wants to estimate the mean score on this exam for actuarial students who have enrolled in a special study program. They take a sample of 8 actuarial students in this program and determine that their scores are: 2, 5, 8, 8, 7, 6, 5, and 7. This sample will be used to calculate a 90% confidence interval for the mean score for actuarial students in the special study program.
-Referring to Table 8-3, the mean of the sample is ________, while the standard deviation of the sample is ________.

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Definitions:

Modes Of Existence

Various ways in which individuals can experience and engage with the world, often discussed in existential thought and philosophy.

Alienation

The feeling of being isolated or estranged from others, oneself, or society, often as a result of social structures or personal experiences.

Lack Of Relationships

A situation or condition where connections or social bonds with others are absent or significantly reduced.

Responsibility

The state or fact of being accountable or to blame for something, involving an obligation to properly act, decide, and take care of someone or something.