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# A relay microchip in a telecommunications satellite has a life expectancy that follows a normal distribution...

###### Question:

A relay microchip in a telecommunications satellite has a life expectancy that follows a normal distribution with a mean of 93 months and a standard deviation of 3.1 months. When this computer-relay microchip malfunctions, the entire satellite is useless. A large London insurance company is going to insure the satellite for 50 million dollars. Assume that the only part of the satellite in question is the microchip. All other components will work indefinitely.

(a) For how many months should the satellite be insured to be 90% confident that it will last beyond the insurance date? (Round your answer to the nearest month.)
months

(b) If the satellite is insured for 84 months, what is the probability that it will malfunction before the insurance coverage ends? (Round your answer to four decimal places.)

(c) If the satellite is insured for 84 months, what is the expected loss to the insurance company? (Round your answer to the nearest dollar.)
$(d) If the insurance company charges$3 million for 84 months of insurance, how much profit does the company expect to make? (Round your answer to the nearest dollar.)
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##### Ns tive result in the biuret test? 1. Why did the 1% alanine solution give a...
ns tive result in the biuret test? 1. Why did the 1% alanine solution give a negative result 2. Use your textbook to explain why a change in pH causes denaturation of a protein. A loe bad Draw the structure of the simple dipeptides gly-ala and ala-gluci the peptide bond in each structure....
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##### How can you implement iteration (such as checking if there are any even elements in a...
How can you implement iteration (such as checking if there are any even elements in a linked list) in a purely functional language, when there's no loop variable concept?...
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##### An economy in which output has decreased and prices have decreased would suggest a: Multiple Choice...
An economy in which output has decreased and prices have decreased would suggest a: Multiple Choice decrease in aggregate demand. increase in aggregate demand. increase in short-run aggregate supply. decrease in short-run aggregate supply....
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##### A) Two long straight wires are carrying current out of the page and into the page...
a) Two long straight wires are carrying current out of the page and into the page as shown Draw the direction of the force exerted on wire 2. X 12 11 b) A rectangular loop of wire with current flowing through it is sitting in an external magnetic field as shown below (the magnetic field in the dashe...
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##### Which one of the following statements about salt solutions is true? a. A basic salt is...
Which one of the following statements about salt solutions is true? a. A basic salt is made by combining an acidic cation and neutral anion. b. An acidic salt is made by combining a neutral cation and acidic anion. c. A neutral salt is made by combining a basic cation and acidic anion. d. An acidic ...