Instruction 8-9 to Become an Actuary, It Is Necessary to Pass a Pass

question 2

Short Answer

Instruction 8-9
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 8-9,the critical value used in constructing a 90% confidence interval is _____________.

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Definitions:

Rice

A staple food grain known scientifically as Oryza sativa (Asian rice) or Oryza glaberrima (African rice), cultivated in a variety of environments.

Neolithic Period

A phase in human history marked by the development of agriculture and permanent settlements, leading to significant cultural and technological advancements.

Dwellings Materials

The various substances or goods used in the construction and maintenance of homes and buildings.

Iron

A chemical element with the symbol Fe, known for its strength and used extensively in construction and manufacturing.