Computers and Technology, 12.02.2020 03:30 jodiisbored2621
A health insurance will pay for a medical expense subject to a USD 100 deductible. Assume that the amount of the expense is exponentially distributed with mean USD 500. Compute the empirical mean and emprical standard deviation of the payout by the insurance company by using 100000 samples.
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A health insurance will pay for a medical expense subject to a USD 100 deductible. Assume that the a...
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