Answer:
Step-by-step explanation:
From the given information:
The uniform distribution can be represented by:
The function of the insurance is:
Hence, the variance of the insurance can also be an account forum.
here;
Similarly;
∴
Finally, the standard deviation of the insurance payment is:
≅ 404
23/5 = 4 3/5
12/4 = 3
36/6 =6
29/6 = 4 5/6
47/8 =5 7/8