Answer:
0.525 = 52.5%
Step-by-step explanation:
Moment generating function ( Mx(t) ) = ( 4 / 4-t)^3
Reimbursement by Insurer = 70%
<u>Determine the expected reimbursement by insurer for policyholder</u>
d/dx (Mx(t) ) = d/dt ( 4 / 4-t)^3 = d/dt (1 - t/4 )^-3
= 3/4 ( 1 - t/4 )^-4 = 3/4
as t → 0
Given that the insurer reimburses 70% = 0.7
expected reimbursement = 0.7 * 3/4 = 0.7 * 0.75 = 0.525
Answer:
1060000
Step-by-step explanation:
just calculation does the job
2-1/4
2/1=8/4 Multiply top and bottom by 4
8/4-1/4
7/4
1 3/4
Answer: 4.3478 or 100/23
Step-by-step explanation:
Set the y values equal to each other since they are the same unknown (x). You end up with 100=23x, solve for x. Move the 23 over to the other side by using division. x=100/23. If you need it in decimal form, 100÷23=4.347826087