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motikmotik
2 years ago
6

Sharon bought 100/300/100 policy with a $100 deductible on collision and $100 deductible on comprehensive coverage.

Mathematics
1 answer:
Ronch [10]2 years ago
8 0
The answer would be 1,928.85
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Vika [28.1K]

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Part a

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And for this case we can use the cumulative distribution function given by:

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And using the cumulative distribution function we got:

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Part b

We want this probability:

P(7< X

And using the cdf we got:

P(7< X

Part c

We want to find a value c who satisfy this condition:

P(x

And using the cumulative distribution function we have this:

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And solving for c we got:

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