Mathematics, 23.07.2020 17:01 brutalgitaffe
A couple book a cruise to Alaska that promises to refund 100 per day of rain on the seven day cruise up to a maximum of 300. The chance of rain on any of the seven days is 0.2 independent of whether it rains in the other days. Find the variance of the refund payment to the couple.
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A couple book a cruise to Alaska that promises to refund 100 per day of rain on the seven day cruise...
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