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The gross claim cost for an insurance company in 2 0 0 6 on an automobile policy is the sum of three independent components: a
The gross claim cost for an insurance company in on an automobile policy is the sum of three independent components:
a Repair costs, with a mean of and a standard deviation of
b Legal costs, with a mean of and a standard deviation of
c Fixed expenses of
The inflation from and was for repair costs, for legal costs, and for fixed expenses. Calculate the standard deviation of the gross claim cost in
a
b
c
d
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