Claim sizes range between 0 and 1500. The probability that a claim is no greater than 500 is 0.8. Claim sizes are uniformly distributed on (0; 500] and on (500; 1500]. Calculate the expected claim sizes and its variance.

step-by-step explanation:

given that ab is divided into equal parts as

ac, cd, de, ef, fg, gh, hi, ib.

from this we find that f is the midpoint of ab.

so using mid point formula we find

f = (3,7)

similarly considering fb, we get

h = mid point of fb = ((6,6) and g, mid point of fh is

g = (9/2, 13/2)

i is mid point of hb

so i =(15/2,11/2)

$15.40 per mile

step-by-step explanation:

you have to round up to 4 because 6 is over 5 so you have to round the 3 up to 4

answer: it depends on what the tax percentage