An insurance company covers 100$ per day for up to three days staying in a hospital, and 50$ per day for any day after the first three days if any. The number of days the patients used to stay in the hospital is a random variable with PMF: 6-k k = 1, 2, 3, 4, 5 Px(k) =: 15 %3D lo else the expected amount the company will pay is: Select one: а. 220 b. 230 С. 166.67 d. 233.33 е. 200

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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An insurance company covers 100$ per day for up to
three days staying in a hospital, and 50$ per day for
any day after the first three days if any. The number
of days the patients used to stay in the hospital is a
random variable with PMF:
6-k
k = 1, 2, 3, 4, 5
Px(k) =.
15
else
the expected amount the company will pay is:
Select one:
а. 220
b. 230
c. 166.67
d. 233.33
е. 200
Transcribed Image Text:An insurance company covers 100$ per day for up to three days staying in a hospital, and 50$ per day for any day after the first three days if any. The number of days the patients used to stay in the hospital is a random variable with PMF: 6-k k = 1, 2, 3, 4, 5 Px(k) =. 15 else the expected amount the company will pay is: Select one: а. 220 b. 230 c. 166.67 d. 233.33 е. 200
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