Mathematics, 09.04.2021 01:00 jadetaull19

An individual who has automobile insurance from a certain company is randomly selected. Let X be the number of moving violations for which the individual was cited during the last 3 years. The pmf of X is x 0 1 2 3 p(x) 0.5 0.3 0.15 0.05 Compute E(X) and V(X) Suppose an individual with X violations incurs a surcharge of $ (50 X^2 200 X). Calculate the expected amount of the surcharge.

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An individual who has automobile insurance from a certain company is randomly selected. Let X be the...