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STAM 7. Under a group insurance policy, an insurer agrees to pay 100% of medical bills incurred by employees of a certain company during the

STAM
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7. Under a group insurance policy, an insurer agrees to pay 100% of medical bills incurred by employees of a certain company during the year up to a maximum of $1 million. The total amount of bill incurred per year is X, measured in millions, and has probability density function (X(4- x) f(x) = 2,0

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