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
Answer:
10=x
Step-by-step explanation:
Intersecting Chords Formula:(segment piece) x (segment piece) =
(segment piece) x (segment piece)
6*5 = 3*x
30 = 3x
Divide by 3
30/3 = 3x/3
10 =x
x > -1
-2x+5 < 7
-2x<2
Now since you divide by (-1) to get positive 2,you need to flip the sign
(-2)/(-1)= 2 2/(-1)=-2
SO
2x>-2
x > -1
To check the solution do not replace the x by -1 because it shouls be more than -1 (You can choose 0,1,2,3....)
Example choose x=3
-2x3+5<7
-6+5<7
-1<7
A. The slope is 25 and it is the rate of change per month. You will pay this additional amount if you go to the gym every month.
b. The y-intercept is 50. This amount is the constant and does not change since it is a one time fee for the year.