subject
Mathematics, 17.04.2020 15:48 csciahetano

An insurance company sells an auto insurance policy that covers losses incurred by a policyholder, subject to a deductible of 100. Losses incurred follow an exponential distribution with a mean of 300.
(a) Calculate the 95th percentile of actual losses that exceed the deductible. Give your answer rounded to the nearest whole number.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
Cass decided to sell game programs for the hockey game. the printing cost was over 20 cents per program with a selling price of 50 cents each. cass sold all but 50 of the programs, and made a profit of $65. how many programs were printed? letting p represent the number of programs printed, set up an equation that describes this situation. then solve your equation for p.
Answers: 1
question
Mathematics, 22.06.2019 01:30
Solve for the equation x. 2x + 22 = 4(x + 3)
Answers: 1
question
Mathematics, 22.06.2019 03:10
Kim took out a $55,000 loan for college she is borrowing money from 2 banks bank a charges an interest rate of 8% and b charges an interest rate of 11% after one year kim owes 5000 in interest how much money did she borrow from bank a.
Answers: 1
question
Mathematics, 22.06.2019 04:00
In a recent year, the weather was partly cloudy 2/5 of the days. assuming there are 356 days in a year, how many days were partly cloudy?
Answers: 1
You know the right answer?
An insurance company sells an auto insurance policy that covers losses incurred by a policyholder, s...
Questions
Questions on the website: 13722367