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3 years ago

The moment generating function for health care costs experienced by a policyholder is given as follows:

Mathematics

1 answer:

Kaylis [27]3 years ago

6 0

Answer:

0.525 = 52.5%

Step-by-step explanation:

Moment generating function ( Mx(t) ) = ( 4 / 4-t)^3

Reimbursement by Insurer = 70%

Determine the expected reimbursement by insurer for policyholder

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

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Basile [38]

Step-by-step explanation:

as given,

hari bought,

amount of pure ghee he bought = 25 kg

cost of pure ghee per kg = Rs. 180

so, cost of 25 kg of pure ghee = 180 × 25 = Rs 4,500

amount of vanaspati ghee = 25 kg

cost of per kg of vanaspati ghee = Rs. 80

so, cost of 25 kg of vanaspati ghee = 80 × 25 = Rs. 2,000

he mixed both the ghee and got ( 25 + 25 ) = 50 kg of mixed ghee.

he sold them in cost = Rs. 150 per kg

so, total SP of mixed ghee = 150 × 50 = Rs. 7,500

so,

total CP = ( 4500 + 2000 ) = Rs. 6,500

total SP = Rs. 7,500

so,

Profit = SP - CP

→ 7,500 - 6,500 = Rs. 1000

Profit / gain = ( gain × 100 / CP)

→ (1000 × 100 / 6,500 )

→ 1000/65 = 15.38 ( approx.)

therefore, it's a profit of 15.38%.

hope this answer helps you dear! and may u have a great day ahead! take care!

8 0

3 years ago

Which equation represents the relationship shown in the table?

jeka94

Answer:

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Step-by-step explanation:

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3 years ago

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4 years ago

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vekshin1

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Step-by-step explanation:

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3 years ago