Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Apr 02, 2024

2. [6 points total, 3 points each] An insurance policy reimburses the dental expense, X, up to a maximum of 250. The probability density

2. [6 points total, 3 points each] An insurance policy reimburses the dental expense, X, up to a maximum of 250. The probability density function for X is: f(x)= ce-0.004x 0 for x 0 otherwise. where c is a constant. (a) Find c. (b) Find E(X).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus With Applications

Authors: Margaret L. Lial

12th Edition

978-0135871348, 0135871344

More Books

Students also viewed these Mathematics questions

Question

★★★★★

Refer to the following tree diagram for a two-stage experiment. Find the probabilities in Problems 7-12. (Round your answers in Problems 11 and 12 to the nearest hundredth.) $P(E \mid A) P(A) $ A B...

Answered: 1 week ago

Question

★★★★★

Utilizing both readings in this module, provide a detailed definition for each of the terms below. Indicate your source or sources of definition. For example (Hubbard, 2020). For one or more terms...

Answered: 1 week ago

Question

★★★★★

Consider the Markov Chain, Xn, on the states i = 0, 1, 2, . . . with transition matrix given by pi,i1 = p i = 1, 2, . . . pi,i+1 = 1 p i = 0, 1, . . . p0,0 = p where 0 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

Assume FCFs are $2 million for two years (FCF1 and FCF2) and FCFs grow 3% thereafter. Assume WACC = 7%. Calculate firms value

Answered: 1 week ago

Question

★★★★★

Describe two methods for determining the molecular mass of a polypeptide. Which is more accurate and why?

Answered: 1 week ago

Question

★★★★★

72. Why are reliability and validity key considerations for all assessment methods?

Answered: 1 week ago

Question

★★★★★

=+36. Mutual fund investing. An investor is considering how to invest her money. She has a choice between two mutual funds: a fund that invests in biotechnological firms and a fund that invests in...

Answered: 1 week ago

Question

★★★★★

The following amortization schedule is for Flagg Ltd.'s investment in Spangler Corp.s $100,000, five-year bonds with a 7% interest rate and a 5% yield, which were purchased on December 31, 2013, for...

Answered: 1 week ago

Question

★★★★★

What is Cash From Operations? A Befween 30 and 54 8 Between 54 and 63 C Between 63 and 72 D Between 72 and 92

Answered: 1 week ago

Question

★★★★★

write a closed-research legal memo using the case cases given, addressing whether Mr. Adler can assert an adverse possession claim to Scrub Lot 40. Please write up your memo using the issue , brief...

Answered: 1 week ago

Question

★★★★★

Insurance companies and other organizations use actuarial tables to estimate the remaining lifespans of their customers. The data table below shows the estimated additional years of life for black...

Answered: 1 week ago

Question

★★★★★

1. Assemble the electro-pneumatics circuit based on the diagram given. YO A 24V SW1 F K1 K1 SW2 F--) OV AQ A1 20 YI 21 K2 BO A1 81 AO YO Y1 K1 ZO Z1 Results/Discussions. Figure 5.1: Two cylinders...

Answered: 1 week ago

Question

★★★★★

Describe Porter's Five Forces and how they show a company's competitive advantage

Answered: 1 week ago

Question

★★★★★

(15 points) A few weeks after the limits and average case performance were established and agreed upon by the study team, the Authority commissions another round of observations (see below) to...

Answered: 1 week ago

Question

★★★★★

Problem 1 of 2 [60 points] a. Create a hand drawing on a blank sheet with all necessary orthographic views of the object shown below, using your geometry set and compass. Make sure the views are...

Answered: 1 week ago

Question

★★★★★

The rear suspension of a motorcycle can be analyzed as an inverted slider-crank mechanism. The frame of the motorcycle is link 1, and the tire assembly (tire and rim) is attached to link 2 at point...

Answered: 1 week ago

Question

★★★★★

te vailable for both types of risk QUESTION 2 ne of the major steps in implementing a identification is the process of determining risks that investment from achi identification is an exercise in...

Answered: 1 week ago

Question

★★★★★

Determine the center and radius of each circle. Sketch each circle. 4x 2 + 4y 2 9 = 16y

Answered: 1 week ago

Question

★★★★★

In Exercises, use the definite integral to find the area between the x-axis and f(x) over the indicated interval. Check first to see if the graph crosses the x-axis in the given interval. f(x)= e x...

Answered: 1 week ago

Question

★★★★★

Determine whether each improper integral converges or diverges, and find the value of each that converges. -1 -00 ~/m/ X dx

Answered: 1 week ago

Question

★★★★★

Explain what is wrong with the following calculation using lHospitals rule. x lim x0x + 3 2x lim x-0 2x 1

Answered: 1 week ago

Question

★★★★★

=+a. Does a scatterplot of the data suggest it is reasonable to assume an approximate linear relationship between x and y?

Answered: 1 week ago

Question

★★★★★

=+a. Determine the equation of the least squares line for this data and then calculate and interpret the coefficient of determination.

Answered: 1 week ago

Question

★★★★★

=+d. Does a residual plot indicate any deficiency in a straight line fit? Explain your reasoning.

Answered: 1 week ago

Previous Question Next Question