Mathematics, 09.12.2019 14:31 backkennedi

The average number of claims submitted to an insurance firm is 12 per day. the amount of each claim follow exponential distribution with mean 100.

by defining the random variables and stating their distributions, find the probability that

(a) not more than 3 claims submitted arrived in a day;

(b) the waiting time between the 5th and the 6th claims is less than one hour;

(c) more than 400 claims submitted in 30 days;

(d) more than 3 days in which no claim is submitted in a week.

(e) the amount of the fifth claim is more than 200;

(f) the seventh claim is the forth claim that the amount of claim is more than 200.

(g) the total amount of five claims is more than 600.

Answers: 3

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 16:10

A) if $50000 is invested in a bank account that pays 9.3% of interest compounded on a six-monthly basis, how much money will be in the account after 3 and 12 years? b) if matusalen's father had put $2.0 in the bank when he was born and there, how long would matusalen have had to his death (969 years later) if the interest was 7% per year composed each month and weekly?

Answers: 1

Answer

Mathematics, 21.06.2019 17:00

Solve with work both bert and ernie received an increase in their weekly salaries. bert's salary increased from $520 to $520. ernie's salary went from $580 to $645. find the percent of increase for each salary. what was the larger of the two percents ?

Answers: 1

Answer

Mathematics, 21.06.2019 18:30

Which value would be a solution for x in the inequality 47-4x< 7

Answers: 1

Answer

Mathematics, 22.06.2019 01:00

Tobias gold sells computers at the office center he's guaranteed a minimum salary of $1,959 per month plus 6.3% commission on total sales how much in total sales is he

Answers: 1

Answer

You know the right answer?

The average number of claims submitted to an insurance firm is 12 per day. the amount of each claim...

Questions