How would I calculate actuarially fair price for auto insurance per year if my yearly chance of
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How would I calculate actuarially fair price for auto insurance per year if my yearly chance of getting in a traffic accident is 1 in 50 and getting in a traffic accident causes $50,000 in damages?
Related Book For
Introduction to Real Analysis
ISBN: 978-0471433316
4th edition
Authors: Robert G. Bartle, Donald R. Sherbert
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