An individual who has automobile insurance from a certain company is randomly selected. Let Y be the number of moving violations for which the individual was cited during the last 3 years. The pmf of Y is the following. y 0 1 2 3
p(y) 0.50 0.25 0.20 0.05
(a) Compute E(Y).
E(Y) =
(b) Suppose an individual with Y violations incurs a surcharge of $110Y2. Calculate the expected amount of the surcharge.
$

why do wages differ across industries

step-by-step explanation :

micro economists are concerned with economics on an industry or individual firm basis.

macro economists are concerned with national and international level

answer: i believe c. is the answer sorry if i am wrong

step-by-step explanation:

99

step-by-step explanation:

y = 3x+4

step-by-step explanation:

to find the slope

slope = (y2-y1)/ (x2-x1)

    = (-8-4)/ (-4-0)

    = -12/-4

  = 3

using the slope intercept form of a line

y= mx+b

we know the slope is 3

we know the y intercept is 4 ( the point where it crosses the y axis or x=0)

y = 3x+4