Answer:
The probability that the insurer pays at least 1.44 on a random loss is 0.18.
Step-by-step explanation:
Let the random variable <em>X</em> represent the losses covered by a flood insurance policy.
The random variable <em>X</em> follows a Uniform distribution with parameters <em>a</em> = 0 and <em>b</em> = 2.
The probability density function of <em>X</em> is:
It is provided, the probability that the insurer pays at least 1.20 on a random loss is 0.30.
That is:
⇒
The deductible d is 0.20.
Compute the probability that the insurer pays at least 1.44 on a random loss as follows:
Thus, the probability that the insurer pays at least 1.44 on a random loss is 0.18.
Answer:
0 is the origin, the highest on is the y-axis. The on that is farthest to the left is the x-axis.
Step-by-step explanation:
Answer:
8
Step-by-step explanation:
2^-3 = 1/8
1/8
2^1/2^4 = 2/16 = 1/8
Answer:
an airplane?
Step-by-step explanation: