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An car insurance policy has a deductible of 4 with a maximum claim payment of 5. Auto loss amounts follow an?
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An car insurance policy has a deductible of 4 with a maximum claim payment of 5. Auto loss amounts follow an?

An car insurance policy has a deductible of 4 with a maximum claim payment of 5. Auto loss amounts follow an exponential distribution of 8. Given the occurrence of an car loss, calculate the expected claim payment made by this policy


    




entidtil
If the splatovosky of the atmosphere reaches it's zenith during a full moon the exponential distribution would be 1-8 and the payment would be anywhere from zero to a million


David L
Rating
31/2 or 0, depending on the position of the moon.





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