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You plan to purchase dental insurance for your three remaining years in school. The insurance makes a one-time payment of $1100 in case of a

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You plan to purchase dental insurance for your three remaining years in school. The insurance makes a one-time payment of $1100 in case of a major dental repair (such as an implant) or a one-time payment of $300 in case of a minor repair (such as a cavity). If you don't need dental repair over the next 3 years, the insurance expires and you receive no payout. You estimate the chances of requiring a major repair over the next 3 years as 4%, a minor repair as 65% and no repair as 31%. Complete parts a through d. C. I ne value of the payout depends on whether you will need major, minor, or no dental repair over the next 3 years. O D. The probability of needing major, minor, or no dental repair over the next 3 years varies. b. Is X discrete or continuous? What are its possible values? Is X discrete or continuous? O A. X is a continuous variable because the possible outcomes are a set of separate numbers. B. X is a discrete variable because the possible outcomes are a set of separate numbers. O C. X is a continuous variable because its possible values form an interval. O D. X is a discrete variable because its possible values form an interval. What are the possible values of X? Use a comma to separate answers as needed. Type an integer or a decimal. Do not round.) X Vi More

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