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jpatte2oye8qv
04.07.2020 •
Mathematics
Let X be the damage incurred (in $) in a certain type of accident during a given year. Possible X values are 0, 1000, 5000, and 10000 with probabilities .8 .1 .08 and .02 respectively. a particular company offers a $500 deductible policy. if the company wishes its expected profit to be $100 what preminum amount should it charge?
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Ответ:
a decreasing exponential function where [0 < b < 1]
f(x) = 3 * (0.4)^x
hope it