An insurance company sells an automobile policy with a deductible of one unit. Let X be the

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An insurance company sells an automobile policy with a deductible of one unit. Let X be the amount of the loss having pmf

Where c is a constant. Determine c and the expected value of the amount the insurance company must pay.

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Probability and Statistical Inference

ISBN: 978-0321923271

9th edition

Authors: Robert V. Hogg, Elliot Tanis, Dale Zimmerman

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Question Posted: Oct 12, 2015 08:41 AM

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An insurance company sells an automobile policy with a deductible of one unit. Let X be the

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0.9, e x=0, x=1.2.3.4.5.6. f(x) =

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Probability and Statistical Inference

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