Introduced a deductible


Auto repair costs, in thousands, are modeled by the random variable with density function f(x) = xe-x for x ³ 0. A collision insurance company anticipates to pay 100 claims if there is no deductible. How many claims would the company expect to pay if it introduced a deductible of 1000?

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Basic Statistics: Introduced a deductible
Reference No:- TGS0870345

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