An insurance company offers its policyholders a number of different premium payment options. for a randomly selected policyholder, let x = the number of months between successive payments. the cdf of x is as follows: f(x) = 0 x < 1 0.32 1 ≤ x < 3 0.42 3 ≤ x < 4 0.47 4 ≤ x < 6 0.78 6 ≤ x < 12 1 12 ≤ x (a) what is the pmf of x? x 1 3 4 6 12 p(x) (b) using just the cdf, compute p(3 ≤ x ≤ 6) and p(4 ≤ x). p(3 ≤ x ≤ 6) = p(4 ≤ x) =
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Ответ:
Explanation:
As an investor myself I believe that there are three main things that beginners should learn. The first one is learning to diversify and manage risk. It is important to understand that holding all your money in a single investment is never a smart idea regardless of how safe it may be. Secondly, would be learn the power of compound interest. Compound Interest is one of the most powerful tools/options an investor can focus on. Lastly, would be to have patience, know how to control your emotions, and wait for the right moment to act.