Answer: 0.0375
Step-by-step explanation:
0.15 divided by 4 = 0.0375
Answer:
the constant in this expression is 9 because it is not a coefficient of any variable
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
<span><u><em>Answer:</em></u>
The difference between successive terms is 10
<u><em>Explanation:</em></u>
To know the factor by which a certain pattern is increasing/decreasing, you need to subtract its successive terms.
If the subtraction gives you 10, this means that the pattern is increasing by 10
<u>Examples:</u>
<u>10, 20, 30, 40, 50, .....</u>
20 - 10 = 10
30 - 20 = 10
40 - 30 = 10
50 - 40 = 10
The difference between each two successive terms is 10. This means that each time we add 10 to the number we have in order to get the next one.
Therefore, this pattern is increasing by 10
<u>37, 47, 57 , .....</u>
47 - 37 = 10
57 - 47 = 10
The difference between each two successive terms is 10. This means that each time we add 10 to the number we have in order to get the next one.
Therefore, the pattern is increasing by 10
Hope this helps :)</span>