Mathematics, 24.06.2021 21:50, Undrea43
Under an insurance policy, a maximum of five claims may be filed per year by a policyholder. Let Pn be the probability that a policyholder files n claims during a given year, where n 0,1,2,3,4,5. An actuary makes the following observations:
i) Pn≥ 2pn+1 for n= 0, 1,2, 3,4
ii) The difference between pn and pn+1 is the same for n 0,1,2, 3,4
iii) Exactly 40% of policyholders file fewer than two claims during a given year Calculate the probability that a random policyholder will file more than three claims during a given year.
A) 0.14
B) 0.16
c) 0.27
D) 0.29
E) 0.33
Answers: 3
Mathematics, 21.06.2019 16:00, brittneeyy
Atrucker had a load of grain containing 2 tons. she unloaded 1 ton and 1,200 pounds at the warehouse. how much grain does she still have left on the truck?
Answers: 1
Mathematics, 21.06.2019 23:00, hd14yarnell
Is there a direction u in which the rate of change of f(x, y)equals=x squared minus 3 xy plus 4 y squaredx2−3xy+4y2 at p(1,2) equals 14? give reasons for your answer. choose the correct answer below. a. no. the given rate of change is smaller than the minimum rate of change. b. no. the given rate of change is larger than the maximum rate of change. c. yes. the given rate of change is larger than the minimum rate of change and smaller than the maximum rate of change.
Answers: 2
Under an insurance policy, a maximum of five claims may be filed per year by a policyholder. Let Pn...
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