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
You didn’t specify what you needed the answer for but here’s the steps and the ending value.
Answer:
900
Step-by-step explanation:
Take 1960 as 0 then find out next year's
- 1970=10
- 1980=20
- 1990=30
- 2000=40
- 2005=45
- 2010=50
Also
Divide each population by one thousand i.e turn to decimal .
This we done to create the plot on graph easily
The graph has been attached
for the below points
- (0,9.706)
- (10,10.652)
- (20,10.798)
- (30,10.847)
- (40,11.353)
- (45,11.478)
- (50,11.576)