0.9 0.8 weight Based on the following figure (Weighting function), please briefly explain in one or...

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0.9 0.8 weight Based on the following figure (Weighting function), please briefly explain in one or two sentences how each of the following three individuals will react to a prospect with different probabilities: Part (a): Individual x (1 mark) Part (b): Individual Y (1 mark) Part (c): Individual Z (1 mark) Part (d): Among the three individuals (X, Y, and Z), who is more likely to purchase insurance (i.e., home content insurance or building insurance)? You only need to input X, Y or Z in your answer box. (1 mark) Part (e): Please briefly explain your answer to Part (d) in less than 25 words. (1 mark) 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0 0 0.2 0.4 0.6 0.8 1 X probability Z 0.9 0.8 weight Based on the following figure (Weighting function), please briefly explain in one or two sentences how each of the following three individuals will react to a prospect with different probabilities: Part (a): Individual x (1 mark) Part (b): Individual Y (1 mark) Part (c): Individual Z (1 mark) Part (d): Among the three individuals (X, Y, and Z), who is more likely to purchase insurance (i.e., home content insurance or building insurance)? You only need to input X, Y or Z in your answer box. (1 mark) Part (e): Please briefly explain your answer to Part (d) in less than 25 words. (1 mark) 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0 0 0.2 0.4 0.6 0.8 1 X probability Z