Mathematics, 26.10.2020 17:30 andrejr0330jr

A policyholder 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

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A policyholder has probability 0.7 of having no claims, 0.2 of having exactly one claim, and 0.1 of...