Math 353 Probability Models 11 Worksheet #3
1. Losses are Uniform(0, 800).
a) What is the expected payment with no deductible?
b) What is the expected payment with an ordinary deductible of $200?
c) What is the loss elimination ratio?
d) What is the e
Math 353 Probability Models 11 Worksheet #11
1. Suppose that 0'2 = 4. Find the probability W, > 0.1 at some time between 0 and 25.
2. Flip a coin repeatedly. In the long run, there will come a point where there have been 100
more heads ipped than tails.