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:
Step-by-step explanation:
3
x
−
6
y
=
3
Rewrite in slope-intercept form.
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y
=
1
2
x
−
1
2
Using the slope-intercept form, the y-intercept is
−
1
2
.
b
=
−
1
2
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y
=
1
2
x
−
1
2
Using the slope-intercept form, the slope is
1
2
.
m
=
1
2
Answer:
Step-by-step explanation:
Start by making the denominators of both fraction the same. This can be done by multiplying one fraction's denominator by the other.
After simplifying and combining the two fractions together, check if the numerator can be factorised such that there is a common factor in the denominator and numerator. In this case, the numerator cannot be factorised.
Lastly, expand the denominator.
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