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ABy Admin
Jun 01'22

Exercise

A policy's loss is uniform on [0,2000] with a deductible of $500 and limit, applied before the deductible, of $1,500. Determine the expected payment, given that the payment is non-zero.

  • 501.55
  • 625.67
  • 666.67
  • 700.67
  • 872.55
ABy Admin
Jun 01'22

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