Question: b) A loss distribution is uniformly distributed on the interval from 40 to 140 . Two insurance policies are being considered to cover part of

b) A loss distribution is uniformly distributed on the interval from

b) A loss distribution is uniformly distributed on the interval from 40 to 140 . Two insurance policies are being considered to cover part of the loss. Insurance policy A insures partial loss, S% of the loss. Insurance policy B covers the loss up to a maximum insurance payment of 100 . If insurer's expected payments under policies A and B are the same, find the value of S

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