Mathematics, 22.07.2020 16:01, zenzen24

Suppose the claim size of an auto collision insurance, X, is uniformly distributed on the interval $1,000 to $10,000. What is the percent reduction in the expected claim payment by the insurer if a policyholder has a $2,000 deductible

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Suppose the claim size of an auto collision insurance, X, is uniformly distributed on the interval $...