Answer:
y₀.₉₅ = 3659
Step-by-step explanation:
P( no accident ) = 0.8
P( one accident ) = 0
deductible = 500
mean = 3000
<u>Determine the 95th percentile of the insurance company payout </u>
Assuming : y =company payout , x =amount of loss incurred due to accident
Then :
P( x < 500 ) = 0.2 ( 1 - e^-500/3000)
= 0.2 ( 1 - e^-1/6 )
95th percentile =
= P( y < y₀.₉₅ ) 0.95
P( y = 0 ) = 0.8 + 0.2 ( 1 - e^-1/6 ) = 0.8307
attached below is the remainder of the solution
Answer:
Is a consistent independent system
Step-by-step explanation:
we have
-----> isolate the variable y
----> equation A
-----> isolate the variable y
---> equation B
Compare equation A and equation B
We can affirm that
The slopes are not equal ( so the lines are not parallel)
The lines are different
The product of their slopes is equal to -1 (the lines are perpendicular)
so
The system of equations has only one solution
therefore
Is a consistent independent system
Answer:
ez
Step-by-step explanation:
To find this answer you must divide 6km by 1.6km
the answer should be 3.75 miles
Answer:
A. True
Step-by-step explanation:
The Triangle Inequality Theorem says that the sum of any two sides must be greater than the third side. Let's see if this is true.
a + b
9 + 1 = 10>9
a + c
9 + 9 = 18>1
c + b
9 + 1 = 10>9