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

question 38

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, a 90% confidence interval for the mean score of actuarial students in the special program is from ________ to ________.

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Definitions:

Cultural Eutrophication

The process by which water bodies become overly enriched with nutrients due to human activity, leading to excessive growth of algae and subsequent environmental problems.

Phosphate Detergents

Cleaning products that contain phosphorus compounds, which, when released into natural water bodies, can cause eutrophication and harm aquatic life.

Input Control

strategies or methods used to manage the amount of inputs (such as water, nutrients, pesticides) in agricultural systems to minimize environmental impact.

Phosphate Detergents

Synthetic cleaning products that contain phosphate compounds, which can cause environmental issues when they enter water bodies.