1. An insurance company offers its policyholders a number of different premium payment options. For a randomly selected policyholder, let X be the number of months between successive payments. The cdf of X is as follows: F(x) = ⎧⎪ ⎪ ⎪ ⎪ ⎨ ⎪ ⎪ ⎪ ⎪⎩ 0 x < 1 0.25 1 ≤ x < 3 0.35 3 ≤ x < 4 0.50 4 ≤ x < 6 0.70 6 ≤ x < 12 1 12 < x Compute P(3 ≤ X ≤ 6). a) 0.35 b) 0.40 c) 0.45 d) 0.50 e) 0.55

fwms@lil_ben06

step-by-step explanation:

a

step-by-step explanation:

u take $30 minus $24. the answer/original($30)

answer:   35 % is the probability of a late departure or an early arrival.

step-by-step explanation:

let l represents the late departure and e represents the early departure.

then, according to the question,

p(l) = 12 %,   p(e) = 27 % and = 4 %

and, we have to find out,

but, we know that,

which is the required equation that will use to find the probability of a late departure or an early departure.

therefore,   the probability of a late departure or an early arrival =   35 %