You are given four classes of insureds, each of whom may have zero or one claim, with thefollowing probabilities:ClassNumber of Claims1I0.90.1II0.80.2III0.50.5IV0.10.9A class is selected at random (with probability ¼), and four insureds are selected at randomfrom the class. The total number of claims is two.If five insureds are selected at random from the same class, estimate the total number ofclaims using Bühlmann-Straub credibility.(A)2.0(B)2.2(C)2.4(D)2.6(E)2.8

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You are given four classes of insureds, each of whom may have zero or one claim, with the following probabilities: Class Number of Claims 1 I 0.9 0.1 II 0.8 0.2 III 0.5 0.5 IV 0.1 0.9 A class is selected at random (with probability 4), and four insureds are selected at random from the class. The total number of claims is two. If five insureds are selected at random from the same class, estimate the total number of claims using Bühlmann-Straub credibility. (A) 2.0 (B) 2.2 (C) 2.4 (D) 2.6 (E) 2.8

You are given four classes of insureds, each of whom may have zero or one claim, with the following probabilities: Class Number of Claims 1 I 0.9 0.1 II 0.8 0.2 III 0.5 0.5 IV 0.1 0.9 A class is selected at random (with probability 4), and four insureds are selected at random from the class. The total number of claims is two. If five insureds are selected at random from the same class, estimate the total number of claims using Bühlmann-Straub credibility. (A) 2.0 (B) 2.2 (C) 2.4 (D) 2.6 (E) 2.8

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section11.8: Probabilities Of Disjoint And Overlapping Events

Problem 2C

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