Given:
A circle with diameter 9 cm.
To find:
The area of the circle.
Solution:
The area of a circle is:
...(i)
Where r is the radius.
We know that, the diameter of a circle is twice than its radius.
The diameter of the given circle is 9 cm.
Substituting in (i), we get
Therefore, the area of the given circle is 63.6.
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
