An investment firm offers its clients municipal bonds that mature after several years. Since the cumulative distribution function of T the number of years to maturity of a randomly chosen bond, is img Calculate the following probabilities P(T>3)= ? P(1.4

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An investment firm offers its clients municipal bonds that mature after several years. Since the cumulative distribution function of T the number of years to maturity of a randomly chosen bond, is

img

Calculate the following probabilities

P(T>3)= ?

P(1.4<T<6)=?

0 si t<1
si 1<t< 3
si 3 <t < 5
si 5 <t < 7
si t>7
1
4
1
Fr (t) =
2
3
4
1
Transcribed Image Text:0 si t<1 si 1<t< 3 si 3 <t < 5 si 5 <t < 7 si t>7 1 4 1 Fr (t) = 2 3 4 1
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