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2 years ago

Please help!

Mathematics

2 answers:

pishuonlain [190]2 years ago

8 0

Answer:

0.03125 inches 1 hour is the anwser

this also involves the conversion factor

hope this helps!!

andrew11 [14]2 years ago

6 0

Answer:

The answer is .375.

Step-by-step explanation:

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2 years ago

Suppose the claim size of an auto collision insurance, X, is uniformly distributed on the interval $1,000 to $10,000. What is th

timurjin [86]

Answer:

35.35%

Step-by-step explanation:

If there were no deductibles, the expected claim payment would be:

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If the collision insurance claim is under $2,000, then the insurer would not pay anything, but if X > $2,000, then the insurer would pay X - $2,000. The new expected value is:

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The percentage reduction on the claim payment is:

$P=(1-\frac{E_2(X)}{E(X)})*100 \\P=(1-\frac{3,555.56}{5,500})*100\\P=35.35\%$

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Answer:

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