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:

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Interorganizational System

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Supply Chain System

A network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Checkout Line

The area or process where customers queue to pay for items in a retail store.