
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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Transcribed Image Text:The number of claims on an insurance policy is a random variable with the following
CDF:
0,
x<0
0.62, 0<x<1
F(x) ={0.85, 1sx<2
0.98, 2sx<3
x2 3
1,
Find
(i)
P(1<X<2)
(ii)
Var(X)
Let X represent the number of policies sold by an agent in a day. The moment
generating function of X is
M(t) = 0.3+0.25e +0.25e +0.15e +0.05e*
Find
(i)
P(X- 3|<1)
(11
the standard deviation of X.
A random variable Xhas PDF given by
(0.2, 32 <xS37
f(x) = -
0, otherwise
Find the probability that X lies within one standard deviation of the mean.
A random variable has the following distribution
x< 0
F(x) ={x*, 0sxs1
1
Given that the 30h percentile of the distribution is 0.4, calculate the 70th percentile of
x>1
the distribution.
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