Mathematical Statistics and Data Analysis with CD Data Sets 3rd Edition
3rd Edition
ISBN: 9788131501832
Author: John A. Rice
Publisher: CENGAGE L
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Chapter 1.8, Problem 63P
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30. An individual who has automobile insurance from a certain company is randomly selected. Let Y be the num- ber of moving violations for which the individual was cited during the last 3 years. The pmf of Y isy | 1 2 4 8 16p(y) | .05 .10 .35 .40 .10
a.Compute E(Y).b. Suppose an individual with Y violations incurs a surcharge of $100Y^2. Calculate the expected amount of the surcharge.
24. An insurance company offers its policyholders a num- ber of different premium payment options. For a ran- domly selected policyholder, let X = the number of months between successive payments. The cdf of X is as follows:
F(x)=0.00 : x < 10.30 : 1≤x<30.40 : 3≤ x < 40.45 : 4≤ x <60.60 : 6≤ x < 121.00 : 12≤ x
a. What is the pmf of X?b. Using just the cdf, compute P(3≤ X ≤6) and P(4≤ X).
Chapter 1 Solutions
Mathematical Statistics and Data Analysis with CD Data Sets 3rd Edition
Ch. 1.8 - Prob. 1PCh. 1.8 - Prob. 2PCh. 1.8 - Prob. 3PCh. 1.8 - Prob. 4PCh. 1.8 - Prob. 5PCh. 1.8 - Prob. 6PCh. 1.8 - Prob. 7PCh. 1.8 - Prob. 8PCh. 1.8 - Prob. 9PCh. 1.8 - Prob. 10P
Ch. 1.8 - Prob. 11PCh. 1.8 - Prob. 12PCh. 1.8 - Prob. 13PCh. 1.8 - Prob. 14PCh. 1.8 - Prob. 15PCh. 1.8 - Prob. 16PCh. 1.8 - Prob. 17PCh. 1.8 - Prob. 18PCh. 1.8 - Prob. 19PCh. 1.8 - Prob. 20PCh. 1.8 - Prob. 21PCh. 1.8 - Prob. 22PCh. 1.8 - Prob. 23PCh. 1.8 - Prob. 24PCh. 1.8 - Prob. 25PCh. 1.8 - Prob. 26PCh. 1.8 - Prob. 27PCh. 1.8 - Prob. 28PCh. 1.8 - Prob. 29PCh. 1.8 - Prob. 30PCh. 1.8 - Prob. 31PCh. 1.8 - Prob. 32PCh. 1.8 - Prob. 33PCh. 1.8 - Prob. 34PCh. 1.8 - Prob. 35PCh. 1.8 - Prob. 36PCh. 1.8 - Prob. 37PCh. 1.8 - Prob. 38PCh. 1.8 - Prob. 39PCh. 1.8 - Prob. 40PCh. 1.8 - Prob. 41PCh. 1.8 - Prob. 42PCh. 1.8 - Prob. 43PCh. 1.8 - Prob. 44PCh. 1.8 - Prob. 45PCh. 1.8 - Prob. 46PCh. 1.8 - Prob. 47PCh. 1.8 - Prob. 48PCh. 1.8 - Prob. 49PCh. 1.8 - Prob. 50PCh. 1.8 - Prob. 51PCh. 1.8 - Prob. 52PCh. 1.8 - Prob. 53PCh. 1.8 - Prob. 54PCh. 1.8 - Prob. 55PCh. 1.8 - Prob. 56PCh. 1.8 - Prob. 57PCh. 1.8 - Prob. 59PCh. 1.8 - Prob. 60PCh. 1.8 - Prob. 61PCh. 1.8 - Prob. 62PCh. 1.8 - Prob. 63PCh. 1.8 - Prob. 64PCh. 1.8 - Prob. 65PCh. 1.8 - Prob. 66PCh. 1.8 - Prob. 67PCh. 1.8 - Prob. 68PCh. 1.8 - Prob. 69PCh. 1.8 - Prob. 70PCh. 1.8 - Prob. 71PCh. 1.8 - Prob. 72PCh. 1.8 - Prob. 73PCh. 1.8 - Prob. 74PCh. 1.8 - Prob. 75PCh. 1.8 - Prob. 77PCh. 1.8 - Prob. 78PCh. 1.8 - Prob. 79PCh. 1.8 - Prob. 80P
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