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3 years ago

I can’t figure this out please help me out

Mathematics

2 answers:

Nikitich [7]3 years ago

7 0

Answer:

answer b

Step-by-step explanation:

it correct because first u

need to say count till the dot

and u get 4 and -1- and u get

1/4

fomenos3 years ago

3 0

Answer:

The answer is -1\4

Step-by-step explanation:

because its negative you can't expect it to be positive 1\4 and its the only one that made sense

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3 years ago

Suppose the claim size of an auto collision insurance, X, is uniformly distributed on the interval $1,000 to $10,000. What is th

timurjin [86]

Answer:

35.35%

Step-by-step explanation:

If there were no deductibles, the expected claim payment would be:

$E(X) = \frac{10,000 +1,000}{2} \\E(X) =\$5,500$

If the collision insurance claim is under $2,000, then the insurer would not pay anything, but if X > $2,000, then the insurer would pay X - $2,000. The new expected value is:

$E_2(X)=\frac{2,000-1,000}{10,000-1,000} *0+\frac{10,000-2,000}{10,000-1,000}*\frac{(2,000-2,000)+(10,000-2,000)}{2} \\E_2(X)=\frac{8}{9}*\frac{0+8,000}{2}\\ E_2(X)=\$3,555.56$

The percentage reduction on the claim payment is:

$P=(1-\frac{E_2(X)}{E(X)})*100 \\P=(1-\frac{3,555.56}{5,500})*100\\P=35.35\%$

There was a 35.35% reduction.

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3 years ago