Instruction 8-4 to Become an Actuary, It Is Necessary to Pass a Pass

question 176

Short Answer

Instruction 8-4
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 Instruction 8-4,the mean of the sample is _________ ,while the standard deviation of the sample is _________ .

---

Definitions:

Psychological Treatments

Therapies aimed at addressing mental health issues through communication, behavior modification, and other non-medical means.

Meditation

A practice where an individual uses a technique to focus their mind on a particular object, thought, or activity to achieve a mentally clear and emotionally calm state.

Hypnosis

A trance-like state in which a person has heightened focus, concentration, and suggestibility, often used for therapeutic purposes.

Relaxation Training

A therapeutic technique aimed at teaching individuals how to physically and mentally relax to manage stress and anxiety.