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
200 * 0.15 = $30 off
200-30 = $170
Nancy must pay $170
Answer:
K = negative 1.7
Step-by-step explanation:
4.5- 13 = -8.5
-8.5/5 = -1.7
4.5 - 5(-1.7) = 13
Hope this helped
109+3=112 apples
112÷4=28 apples
28 apples were in each boxs
Step-by-step explanation:
a number is a sequence of digits with every position being multiplied by increasing powers of 10.
and the whole number is then the sum of of these little multiplications.
the first position left of the decimal point is for 10⁰ (1). the second position is 10¹ (10). the third position for 10² (100). and so on.
the given number is therefore just the short version of
7×10⁴ + 0×10³ + 8×10² + 1×10¹ + 9×10⁰
and therefore, the digit 1 in this number has the value 1×10¹ = 10, which is also the place value, 10¹ = 10.