oxnard petro limited is buying hurricane insurance for its off-coast oil drilling platform. During the next five years, the probability of total loss of only the above-water superstructure (280 million) is .35, the probability of total loss of the facility (980 million) is .35, and the probability of no loss is .30

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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oxnard petro limited is buying hurricane insurance for its off-coast oil drilling platform. During the next five years, the probability of total loss of only the above-water superstructure (280 million) is .35, the probability of total loss of the facility (980 million) is .35, and the probability of no loss is .30

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