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:
They would never intersect because they are parallel lines. You can tell they are parallel lines because they have the same slope and they have a different y-intercept. However, this doesn't mean that there was no solutions, there were, thats how i was able to tell what their slopes and y-intercepts were. So if there is an answer that you can choose from that explains that they won't intersect because they are parallel then that is the correct answer. It may be C, but I would see if there is another option.
Create and solve an equation of ratios:
10 ft 8 oz
------- = -------
x 48 oz (note that 3 lb = 48 oz)
Then 480 = 8x, and x = 60 ft (answer)
16y = 164
y = 164 ÷ 16
y = 10.25
Hope This Helps You!
