An insurance company offers two types of insurance: health insurance and life insurance. Let X be the annual claim on the health insurance and Y be the annual claim on the life insurance. The joint density function of X and Y is: Find the probability that the total claims exceed 0.5 but is less than 2 and the claim on the life insurance is less than 1.5.

The joint density equation is missing in the question. The equation is

Probability is 0.59

Step-by-step explanation:

We have

x -- denotes the annual claim health insurance

y -- denotes the annual claim life insurance

And joint density of x and y is given to us

Event that the claim exceeds 0.5 but less than 2 can be written as 0.5≤ x+y ≤2

and claim of life insurance less than 1.5 can be written as 0 ≤ y ≤ 1.5

Required probability

= P( 0.5≤ x+y ≤2  ∩ 0 ≤ y ≤ 1.5 )

Lets plot this, to find the common region

For common region

when 0≤ x ≤ 0.5, then 0.5 ≤ y ≤ 1.5  ---- for region I

when 0.5≤ x ≤ 1, then 0 ≤ y ≤ 2-x  ---- for region II

The required probability

=

=

=

=

=

=

= 19/32

=0.59    

whatvare the choices

step-by-step explanation:

answer: this is not a question

step-by-step explanation: this is a answer