FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please solve both parts Losses have the following distribution: F(x) = 1 0.42! - use-#200 Insurance coverage is subject to an ordinary deductible of 100.

please solve both parts

image text in transcribed
Losses have the following distribution: F(x) = 1 0.42\"!\" - use-#200\" Insurance coverage is subject to an ordinary deductible of 100. 1. Calculate the average payment per payment. 2. Losses increase uniformly by 20% inflation. Calculate the loss elimination ratio after inflation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Essentials Of College Algebra

Essentials Of College Algebra

Authors: Margaret L Lial, John E Hornsby, David I Schneider, Teresa McGinnis

10th Edition

0321970632, 9780321970633

More Books

Students also viewed these Mathematics questions

Question

★★★★★
Use the following sample information to construct a 90% confidence interval for the difference in the two populationmeans. Sample Sample 2 32 = 70.4 1231 68.7 i = 5.76 . = 6.1

Answered: 1 week ago

Question

★★★★★
An employer provided education assis- tance program only reimburses employ- ees for education expenses directly related to the employee's current job duties. a. True b. False

Answered: 1 week ago

Question

★★★★★
How is ????0 different from ????0?

Answered: 1 week ago

Question

★★★★★
C. N. Itall has been a systems analyst for Tun-L-Vision Corporation for many years. When you came on board as part of the systems analysis team and suggested prototyping as part of the SDLC for a...

Answered: 1 week ago

Question

★★★★★
Using Caesar cipher, Encrypt the plaintext: "Keep Safe" using shift key = 9. Indicate your solution steps

Answered: 1 week ago

Question

★★★★★
please answer all the questionss.,.within 30 minutes. make sure the explanation and calculations are explained in very detailed manner. else leave it for other tutor otherwise i will give negative...

Answered: 1 week ago

Question

★★★★★
The technical reference manual for the Cortex-A15 says that the GIC is memory mapped. That is, the core processors use memory mapped I/O to communicate with the GIC. Recall from Chapter 7 that with...

Answered: 1 week ago

Question

★★★★★
i. In preparing its financial statements for the year ended December 31, 2022, Wells Ltd inventory count was carried out on the 4 of January 2023. The value of the inventory counted was $360 000....

Answered: 1 week ago

Question

★★★★★
The daycycle dictionary in daycycle.json has a very unusual way of representing the times for sunset and sunrise. It makes use of several nested layers of dictionaries. Do you like this...

Answered: 1 week ago

Question

★★★★★
would appreciate freehand sketches for the top, side views, and front views. A >> () C D a 5 4 3 2 1 B 2.75 10 6 5 UNLESS OTHERWISE SPECIFIED: DIMENSIONS ARE IN MILLIMETERS SURFACE FINISH:...

Answered: 1 week ago

Question

★★★★★
The appendices are located in the course hero database under this file: 2020112605495120201125165956global_abc.1__1_.docx link:...

Answered: 1 week ago

Question

★★★★★
The quality of the argumentation

Answered: 1 week ago

Question

★★★★★
The status rule: We tend to have more confidence in information presented by someone who has a relatively high status and rank in society than by someone who hasnt.

Answered: 1 week ago

Question

★★★★★
The spatial rule: The closer spatial proximity we have to an event, the more importance we will attach to it.

Answered: 1 week ago

Previous Question Next Question