The amount of insurance (in thousands of dollars) sold in a day by a particular agent is
Question:
The amount of insurance (in thousands of dollars) sold in a day by a particular agent is uniformly distributed over the interval [10, 85].
(a) What amount of insurance does the agent sell on an average day?
(b) Find the probability that the agent sells more than $50,000 of insurance on a particular day.
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Ashish Bhalla
I have 12 years work experience as Professor for Accounting, Finance and Business related subjects also working as Online Tutor from last 8 years with highly decentralized organizations. I had obtained a B.Com, M.Com, MBA (Finance & Marketing). My research interest areas are Banking Problem & Investment Management. I am highly articulate and effective communicator with excellent team-building and interpersonal skills; work well with individuals at all levels.
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