1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
antoniya [11.8K]
3 years ago
9

A policyholder has probability 0.7 of having no claims, 0.2 of having exactly one claim, and 0.1 of having exactly two claims. C

laim amounts are uniformly distributed on the interval [0,60] and are independent. The insurer covers 100% of each claim. Calculate the probability that the total benefit paid to the policyholder is 48 or less.
Mathematics
1 answer:
Colt1911 [192]3 years ago
3 0

Answer:

0.89.

Step-by-step explanation:

So, we are given the following data or parameters or information which is going to aid in the solution to this question or problem. So, the data or parameters are;

(1). "probability 0.7 of having no claims, 0.2 of having exactly one claim, and 0.1 of having exactly two claims."

(2). " distributed on the interval [0,60] and are independent."

(3). "The insurer covers 100% of each claim."

So, taking (1) above we will have;

(Total probability= 0.7 + 0.2 + 0.1 = 0.1)

A = { (0.7 × 0)^2 + (0.2 × 1)^2 + ( 0.1 × 2)^2 =( 0.4) +( 0.4) = 0.8.

0.8 + total probability = 0.8 + 0.1 = 0.9.

So, from the question, we are to "Calculate the probability that the total benefit paid to the policyholder is 48 or less."

Hence, P< 48/A = P < 48/0.9 = P < 53.33.

Thus, 53.33/60 = 0.89.

You might be interested in
-23z7+(-3a) simplify
Brums [2.3K]
The answer would be -161z-3a
3 0
2 years ago
(Prt.2 from recent question)
34kurt

Answer:

Describe what the point (0,0) on the graph represents in terms of the situation being described by the graph. when the sales of the

7 0
2 years ago
If f(x)=5x-7 what is f(3)
Anarel [89]

Answer:

f(3) = 8

Step-by-step explanation:

f(x) = 5x - 7

Put x as 3 and evaluate.

f(3) = 5(3) - 7

f(3) = 15 - 7

f(3) = 8

7 0
2 years ago
Read 2 more answers
Lillian purchased a guitar from Smash Music Stores. It regularly sold
natita [175]
The most likely answer are be and c
6 0
3 years ago
Need Help With My Geometry Work Plz Help
Olenka [21]

Answer:

Step-by-step explanation:

(number of sides-2)*180 = (6-2)*180 = 720°

a= 720/6= 120°

lines form 180° angles

b= 180-120= 60°

sum of angles in a triangle is 180, and the angles are ≡

c=180/3 = 60°

c and d are supplementary angles (they add to 180)

d= 180-60 = 120°

d ≡ e+e because are vertical angles

e= 120/2 = 60°

sum of angles in a triangle is 180

f= 180 -90-60 = 30°

(number of sides-2)*180 = (5-2)*180 = 540°

g= 540/5= 108°

7 0
3 years ago
Other questions:
  • Why can pierre return the monitor ?
    13·2 answers
  • What is the square root of 79
    12·2 answers
  • Is 1/5 bigger or smaller than 1/6
    13·1 answer
  • The sum of two numbers is 48. One number is 4 less than the other. Find the numbers.
    6·1 answer
  • Perfect square between 1 and 9
    8·1 answer
  • Write the equation of this circle in standard form
    8·1 answer
  • **IF ANYONE CAN DO ALL OF THESE QUESTIONS CORRECTLY AND FAST, YOU WILK BE MARKED BRAINLIEST!!**What is the measure of arc BC?
    15·1 answer
  • What is the integer of-2​
    15·1 answer
  • Find the coordinate of the x intercept
    10·2 answers
  • What is the slope-intercept form equation of the line that passes through (2, 4) and (4, 10)?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!