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
The fisherman caught 365kg During El Niño. You subtract 540kg by 85.
Answer:
3 :4
Step-by-step explanation:
Remember that odds are different than probability
favor : not in favor ( drawing something other than white)
9 white : 12 not white
Divide each by 3
9/3 : 12/3
3 :4
Answer:
There are 10 decimeters in one meter so the answer is 15.5 / 10 = 1.55 meters.
Answer:
I dont know
Step-by-step explanation: