1. An insurance company issues policies that reimburses homeowners for damaged caused by me.
Th...
Mathematics, 11.03.2020 20:28 shayneseaton
1. An insurance company issues policies that reimburses homeowners for damaged caused by me.
The mean return/year and the standard deviation are given below.
u= $300,
0 = $1000.
Suppose the company insures four houses with returns designated by X1, X2, X3, and X4.
Let Z be the average of the four returns; that is,
7
X1 + X2 + X3 + X4
(a) Find uz.
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