Answer:
where's the graph??
Step-by-step explanation:
I don't know
can I see the graph
Answer:
6
Step-by-step explanation:
1/2 * 1/2 * 2 * 12 =
1/2 * 12 (because the 1/2 and 2 cancel out, as they form 1) =
6
There are no properties because you can do anything with subtraction and division
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