SCENARIO 8-3 To Become an Actuary,it Is Necessary to Pass a Series

question 23

True/False

SCENARIO 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 Scenario 8-3,it is possible that the confidence interval obtained will not contain the mean score for all actuarial students in the special study program.

---

Definitions:

Capillary Network

A complex intertwining of capillaries supplying organs and tissues with nutrients and oxygen and removing waste products.

Oxygen Deficit

Oxygen necessary for the synthesis of the ATP required to remove lactic acid produced by anaerobic respiration.

Conducting System

A network in the heart that electrically controls and coordinates heart muscle contractions.

SA Node

The sinoatrial node, a group of cells in the right atrium of the heart that acts as a natural pacemaker by initiating the heart's electrical impulses.