Mathematics, 11.02.2020 17:21 Magalaki713
Claim sizes range between 0 and 1500. The probability that a claim is no greater than 500 is 0.8. Claim sizes are uniformly distributed on (0; 500] and on (500; 1500]. Calculate the expected claim sizes and its variance.
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Claim sizes range between 0 and 1500. The probability that a claim is no greater than 500 is 0.8. Cl...
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