Mathematics, 01.02.2021 22:40, vanessagomezcx

Claim sizes range between 0 and 1500. The probability that a claim is no greater than 500 is 0.8. Claim sizes are uniformly distributed on (0; 500] and on (500; 1500]. Calculate the expected claim sizes and its variance

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Claim sizes range between 0 and 1500. The probability that a claim is no greater than 500 is 0.8. Cl...