he rando_m variable W represen_ts the amo_unt of lo_ss (in milli_on dollar_s) that mu_st be pai_d by an i_nsur_ance co_mpa_ny due to a ch_emical fact_ory fire dam_age hav_ing the prob_y den_si_ty What is the prob- that a lo_ss du_e to a ch_emic_al fa_cto_ry fire da_m_age is  ex_a_ctly 2 millio_n doll-ars

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he rando_m variable W represen_ts the amo_unt of lo_ss (in milli_on dollar_s) that mu_st be pai_d by an i_nsur_ance co_mpa_ny due to a ch_emical fact_ory fire dam_age hav_ing the prob_y den_si_ty

  • What is the prob- that a lo_ss du_e to a ch_emic_al fa_cto_ry fire da_m_age is 
    ex_a_ctly 2 millio_n doll-ars
C
; w21
4
fw (y) =
; w<1.
Transcribed Image Text:C ; w21 4 fw (y) = ; w<1.
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