An insurance company offers it's policy holder a number of different Premium Payment options. for a randomely Selected Policy holder. Let x be the # of months between succesive Payments. The Pmf is as follows. a) X 1 3 4 Compute var (X) AJ58.5 0.31 B) 65.00 C) 4.77 1)) 22.75 E) 44.50 0.05 6 12 1.151 m.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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An insurance company offers It's policy noider a
number of different Premium Payment options.
for a randomely Selected Policy holder.
Let x be the # of months between succesive
Payments. The Pmf is as follows.
a)
3
4
X1051³11005/60.15/1²/2
PCX 10.3/0.11 0.05 10.151 m.
Compute var (X)
A) 58.5
B)65.00
C) 4.77
1) 22.75
E) 44.50
Transcribed Image Text:An insurance company offers It's policy noider a number of different Premium Payment options. for a randomely Selected Policy holder. Let x be the # of months between succesive Payments. The Pmf is as follows. a) 3 4 X1051³11005/60.15/1²/2 PCX 10.3/0.11 0.05 10.151 m. Compute var (X) A) 58.5 B)65.00 C) 4.77 1) 22.75 E) 44.50
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