Answer:C=15
Step-by-step explanation:
Just do math
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
Plug in 2 for x. f(20=2-51 = -49
Answer:
The length of the first piece is 4 inches, that of the second is 8 inches and the third 19 inches.
Step-by-step explanation:
Total length of the steel = 31 inches
Let the length of the first piece = x
let the length of the second piece = y
Let the length of the third piece = z
So,
y = 2x
z = 4x + 3
x + 2x + 4x +3 = total length of the steel = 31
7x + 3 + 31
7x = 31 - 3
7x = 28
x= 4 inches
Thus; y = 2x = 2 × 4 = 8 inches
z = 4x +3 = 4×4 +3 =19 inches
∴The length of the first piece is 4 inches, that of the second is 8 inches and the third 19 inches.
Answer:
$4,290.69
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- To find the commission, just convert the percentage into a decimal (divide by 100) and multiply it by the sales.
3.5% = 0.035
122,591 x 0.035 = <em>$4,290.69</em>
