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

question 34

Short Answer

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,the mean of the sample is_____ ,while the standard deviation of the sample is_____ .

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Definitions:

1,200 Calories

A dietary energy intake level often cited for weight loss diets, providing a daily calorie goal that is lower than the average requirement for adults.

Genetic Engineering

The direct manipulation of an organism's genes using biotechnology to alter its characteristics.

Organic

Refers to foods that are grown or produced without the use of synthetic pesticides, chemical fertilizers, genetically modified organisms, or ionizing radiation.

Portion Size

The amount of a particular food that is served or consumed in one occasion, impacting calorie intake and nutritional balance.