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I'd like a tutor to answer these, thanks. 1. British West Indies Insurance Company [BWllC] provides car insurance. The insured value of a randomly selected

I'd like a tutor to answer these, thanks.

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1. British West Indies Insurance Company [BWllC] provides car insurance. The insured value of a randomly selected car is assumed to have the following distribution 5% y}? fist}: 0 otherwise a] Find the probability that a car is insured for at most 4. b] What is the average insurance value? c} What is the Ewlll"I percentile of insured values? Interpret the meaning ol' the value you calculated d} Given your answers above, what is the shape of the distribution of insured values? e] If. when a claim is made. the pay-out [in $'llll] is given by 31" + 5, what is me expected pay out

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