To estimate the height of a building, a stone is dropped from the top of the building into a pool of water at ground level. How
2 answers:
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Answer:
Step-by-step explanation:
for n ∈ N
Since Actuary Rahul examines low-risk policies, continuing until a policy with a claim is found and then stopping.
∴ the probability that Actuary Rahul examines exactly n policies
the probability that Actuary Toby examines more than exactly n policies
Given that policies are actually independent
∴ the probability that the event (1) and (2) happens simultaneously is
∴ the probability that Actuary Rahul examines fewer policies than Actuary Toby