A bicyclist who fails to obey stop signs and compounds his


A bicyclist who fails to obey stop signs and compounds his risky behavior by inattention to other traffic, was involved in a severe crash. The amount of damage, D, done to his bicycle as a result is modeled by a continuous uniform distribution between $0 and $970. The cyclist had insurance that came with a $194 deductible and a maximum insurance payment of $485. Determine the expected insurance payment that is made to the reckless cyclist.

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Financial Management: A bicyclist who fails to obey stop signs and compounds his
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