# Pts question 2 determine whether the random variable

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1 / 1 ptsQuestion 2Determine whether the random variable described is discrete or continuous orqualitative:The time (in minute) you must wait in line at the grocery storecontinuousqualitativediscrete
1 / 1 ptsQuestion 3An insurance company sells a one-year term life insurance policy to an 80-year-old woman. The woman pays a premium of \$1000. If she dies within one year,the company will pay \$18,500 to her beneficiary. According to the company'sstatistics department, the probability that an 80-year-old woman will be alive oneyear later is 0.9581. Find the expected value of the insurance company's profit.
10/5/21, 11:34 AMLesson Quiz: L05Q : STA 1200.01/07 (F21-Regular) Statistics with Applications\$182.95-\$224.851 / 1 ptsQuestion 4Eight percent of all college graduates hired by companies stay with the samecompany for more than five years. Using theBinomial distribution, theprobability that in a random sample of 12 such college graduates hired recentlyby companies, exactly two will stay with the same company for more than fiveyears is
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