ind the mean A the volve

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Realtd
J dhe uroulatine distrilution function for
osts experinced bay
Core
rolichelder is modeled by the furdtion
sfor >0, The policy hos a deducti ble of 250.
pays per
Faつ21
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1-e
Find the mean the volve that the health insuronce
Round to 2 decimals.
(ase,
Transcribed Image Text:Realtd J dhe uroulatine distrilution function for osts experinced bay Core rolichelder is modeled by the furdtion sfor >0, The policy hos a deducti ble of 250. pays per Faつ21 ー×li000 1-e Find the mean the volve that the health insuronce Round to 2 decimals. (ase,
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Step 1

Solution :

 

It is given that the cumulative distribution function for health care costs experienced by a policyholder is modeled by the function

F(x) = 1-e-x1000 ,   for  x >0

 

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