(b) Suppose an individual with Y violations incurs a surcharge surcharge of $100y2 Calculate the expected amount of the (b) Suppose an individual with Y violations incurs a surcharge surcharge of $100y2 Calculate the expected amount of the...

a We have given y py FX EY Hence 1 O 050 i0 0X050 1x020 2x025 8 x005 2 ...

(b) Suppose an individual with Y violations incurs a surcharge. surcharge of $100y2. Calculate the expected...

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(b) Suppose an individual with Y violations incurs a surcharge. surcharge of $100y2. Calculate the expected...

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(b) Suppose an individual with Y violations incurs a surcharge. surcharge of $100y2. Calculate the expected amount of the (b) Suppose an individual with Y violations incurs a surcharge. surcharge of $100y2. Calculate the expected amount of the

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