Question: Suppose the amount of a single loss for an insurance policy has density function f(x) = 0.001e 0.01x , x > 0 If this policy

Suppose the amount of a single loss for an insurance policy has density function

f(x) = 0.001e

0.01x

, x > 0

If this policy has a GH300 per claim deductible, what is the expected amount of a single

claim for this policy?

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