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Mathematics, 16.07.2019 19:20 jitosfc916

Apolicyholder has probability 0.7 of having no claims, 0.2 of having exactly one claim, and 0.1 of having exactly two claims. claim amounts are uniformly distributed on the interval [0,60] and are independent. the insurer covers 100% of each claim. calculate the probability that the total benefit paid to the policyholder is 48 or less.

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Apolicyholder has probability 0.7 of having no claims, 0.2 of having exactly one claim, and 0.1 of h...

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