Question: 3. An actuary has calculated that the probability density function of the cost to repair a vehicle after a certain type of car accident, in

3. An actuary has calculated that the probability density function of the cost to repair a vehicle after a certain type of car accident, in thousands of dollars, is

f(x)= x/9 if 0 < x

The actuary has also calculated that, for all auto insurance policies with the same deductible amount

d, in 7.24% of the time, the cost of such a repair to the insurance company is less than $1000. Calculate d.

f(x)= x/9 if 0 < x

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