Answered: 6. The average ho Assume the wa If a…

Math

Statistics

6. The average ho Assume the wa If a worker at th probability that

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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23. *An insurance policy pays an individual 100 per day for up to 3 days of hospitalization and 25 per day for each day of hospitalization thereafter. The number of days of hospitalization, X, is a discrete random variable with probability function Pr(X = k) = (1/15)(6 – k), k = 1, 2, 3, 4, 5. Calculate the expected payment for hospitalization under this policy. (213.3)
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13. A continuous random variable is uniformly distributed between 200 and 220. a. What is the probability a randomly selected value will be greater than 215? b. What is the probability a randomly selected value will be less than 205? c. What is the probability a randomly selected value will be between 205 and 215? a. P(x > 215) = (Simplify your answer.) b. P(x< 205) = (Simplify your answer.) c. P(205
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