subject
Mathematics, 29.07.2021 02:00 krlx

An automobile owner has 40% chance of having exactly one accident in a year and 60% chance of having no accidents in a year. There is no chance that the automobile owner incurs more than one accident in a year. If there is an accident, the loss amount has the following distribution:
Loss Amount Probability
30 0.30
60 0.15
100 0.45
180 0.10
Suppose there is an ordinary deductible of $40 and the maximum payment by the insurer is $130.
Determine the standard deviation of the payment made by the insurer to the automobile owner.
A: 32.44
B: 33.60
C: 34.77
D: 26.78
E: 27.43

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Abag has more green balls than blue balls, and there is at least one blue ball. let bb represent the number of blue balls and let gg represent the number of green balls. let's compare the expressions 2b2b and b + gb+g. which statement is correct? choose 1
Answers: 2
question
Mathematics, 21.06.2019 22:30
Which of the following represents the length of a diagonal of this trapezoid?
Answers: 1
question
Mathematics, 22.06.2019 01:30
One side of a rectangle is 7 centimeters shorter than six times the other side. find the length of the longer side if we also know that the perimeter of the rectangle is 266 centimeters.
Answers: 2
question
Mathematics, 22.06.2019 02:00
If the angle bisectors of a pair of opposite angles of a quadrilateral are the opposite sides of a parallelogram formed by the two angle bisectors and two sides of the quadrilateral, is the quadrilateral always a parallelogram? explain your answer.
Answers: 3
You know the right answer?
An automobile owner has 40% chance of having exactly one accident in a year and 60% chance of having...
Questions
question
Mathematics, 21.01.2021 20:30
question
Mathematics, 21.01.2021 20:30
question
History, 21.01.2021 20:30
Questions on the website: 13722367