Mathematics, 21.04.2020 18:36 wubzwaters
A company offers collision insurance and liability insurance. The claim amount under collision insurance is normally distributed with mean 10, 000 and standard deviation 2, 000; the claim amount under liability insurance is normally distributed with mean 9, 000 and standard deviation 2, 000. Assuming independence, find the probability that the claim amount under liability insurance exceeds the claim amount under collision insurance.
Answers: 3
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A company offers collision insurance and liability insurance. The claim amount under collision insur...
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