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
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.