RealtdJ dhe uroulatine distrilution function forosts experinced bayCorerolichelder is modeled by the furdtionsfor >0, The policy hos a deducti ble of 250.pays perFaつ21ー×li0001-eFind the mean the volve that the health insuronceRound to 2 decimals.(ase,

Answered: ind the mean A the volve

Math

Statistics

ind the mean A the volve

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter3: Functions And Graphs

Section3.5: Graphs Of Functions

Problem 40E

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Question

Realtd
J dhe uroulatine distrilution function for
osts experinced bay
Core
rolichelder is modeled by the furdtion
sfor >0, The policy hos a deducti ble of 250.
pays per
Faつ21
ー×li000
1-e
Find the mean the volve that the health insuronce
Round to 2 decimals.
(ase,

Expert Solution

Step 1

Solution :

It is given that the cumulative distribution function for health care costs experienced by a policyholder is modeled by the function

$F (x) = 1 - e^{- \frac{x}{1000}}$ , for x >0

Step by step

Solved in 2 steps

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