An insurance company models the number of warranty claims in a week on a particular product that has a Poisson distribution with mean 4. Each warranty claim results in a payment of 1 by the insurer. Calculate the expected total payment by the insurer on the warranty claims in a week.

4 monetary units

Step-by-step explanation:

In a Poisson distribution, the expected value of the distribution is the same as the mean:

The expected number of warranty claims is 4.

Since each claim results in a payment of 1, the expected value paid by the insurer is:

The expected total payment on warranty claims is 4 monetary units.

the answer is 99.

answer: 2 answers

step-by-step explanation: the first one means to spread the product throughout the marketplace such that a large number of people can buy it.  

the second means the process of making a product or service available for the consumer or business user that needs it.

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