Mathematics
Mathematics, 29.04.2021 16:20, williamsa24mr238org

A piece of equipment is being insured against early failure. The time from purchase until failure of the equipment is exponentially distributed with mean 10 years. The insurance will pay an amount x if the equipment fails during the first year, and it will pay 0.5x if failure occurs during the second or third year. If failure occurs after the first three years, no payment will be made. Calculate x such that the expected payment made under this insurance is 1000.

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 12:30, Geo777
Rearrange the formula c^2 = a^2 + b^2 for b
Answers: 2
image
Mathematics, 21.06.2019 14:50, littlemrslazy
What is [tex] {7}^{98 + \sqrt{4} } - 3 \times (64 \div 2 + 4 - 36) \times a = a + 36[/tex]?
Answers: 3
image
Mathematics, 21.06.2019 16:00, lilay30
Correct answer brainliest asap an d 99 pointsss what are relative frequencies to the nearest hundredth of the columns of two way table column a 102, 18 colunm b 34, 14 answers choices 0.15 0.25 0.29 0.44 0.56 0.71 0.75 0.85
Answers: 1
image
Mathematics, 21.06.2019 18:00, abhibhambhani
Mozart lenses inc. recently introduced seelites, a thinner lens for eyelasses. of a sample of 800 eyeglass wearers, 246 said they would purchases their next pair of eyeglasses with the new lenses. lenses inc. estimates that the number of people who purchase eyeglasses in a year is 1,700,000. most eyeglasses wearer buy one new pair of eyeglasses a year. what is the annual sales potential for the new lenses.
Answers: 1
Do you know the correct answer?
A piece of equipment is being insured against early failure. The time from purchase until failure of...

Questions in other subjects:

Konu
Mathematics, 06.03.2020 21:40
Konu
Mathematics, 06.03.2020 21:40
Konu
Mathematics, 06.03.2020 21:40