Two hundred thousand dollars was the accumulated debt by the First Holdings Company in the last two years.After the negotiation with the government, the corporation was able to generate a total revenue of four hundredfifty thousand dollars before the current year ends. It was actually noted during the last quarterly meeting that thecompany has actually benefited from those arrears for some unknown reasons. The management has an amazingskills of deceiving its employees regarding the last year's retrenchment.O Deductive reasoningO Inductive reasoningO Neither inductive nor deductive reasoningO Either inductive or deductive reasoning

Answered: Two hundred thousand dollars was the…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Hi, can you help me to solve this question? I have some confused. Please do not copy chatgpt! Thanks! Here is a quick crash-course on how deductibles work. Suppose the insurance policy you purchased on your car comes with a $500 deductible. Then, if you get into an accident the amount you have to pay out-of-pocket follows the following scheme: if the true cost of damages is under $500 then you pay the full cost of damages, but if the true cost of damages is over $500 then you only pay $500 (and your insurance company pays the rest). So, if the true cost of damages is say $1,000 then you only pay $500. Suppose now that your deductible is m, where m is a fixed positive constant. Let X denote the true cost of damages of a particular accident, and let Y denote the amount of money you actually pay as a result of that accident. Further suppose that X is well-modeled by an Exp(λ) distribution for some λ > 0. (a) Express Y as a function of X. In other words, find an explicit formulation…
1. Project Eastcoast Sdn. Bhd. is planning to buy an insurance plan to minimise the risk of losses. The insurance options are as below: Plan North i. South ii. West Project Eastcost Sdn. Bhd. historical losses incurred as below: Insurance Policy An insurance policy that provides RM5,000 of straight deductible attached to it with an annual policy limit of RM22,000. An insurance policy that provides RM22,000 of aggregate deductible attached to it with a coinsurance of 5 percent. Month of claim January April May August November December An insurance policy that required 15 percent coinsurance attached to it with no policy limit. Probability of losses 0.76 0.92 0.37 0.55 0.83 0.44 As a risk management consultant, you are required to advise Project Eastcoast Sdn. Bhd. on the preferable insurance plan. Amount of Possible Loss (RM) 8,200 6,500 10,500 9,600 1,700 5,800 Determine the amount retained by Project Eastcoast Sdn. Bhd. and the amount paid by insurer for Plan North, Plan South and…
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(d) The business manager works with the ADTF legal department and with representatives for the supplier. They reach the following agreement on compensation: at the end of day 7, the supplier will pay a refund of $4.39 per lamp for all lamps that are still not working at the end of that day. To determine the total amount of the refund payment, we must compute the total number of lamps that are working at the end of day 7, rounded to a whole number of lamps. We begin by computing L(7). L(7) ~ (round to 1 decimal place) According to our model, 7 days after the delivery, the corporate office of ADTF Distributors has delivered, there are When a total of new energy efficient lamps in full working order. This means, out of the original (to the nearest cent). that are still defective. Thus, according to the agreement, the supplier will pay ADTF Distributors a total refund of $ (e) Assuming the repairs to the defective lamps continue at the same rate, then the number of working lamps will…
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