Exam P:Probability機率題庫下載題庫

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215. Losses under an insurance policy are exponentially distributed with mean 4. The deductible is 1 for each loss.

Calculate the median amount that the insurer pays a policyholder for a loss under the policy.
(A) 1.77
(B) 2.08
(C) 2.12
(D) 2.77
(E) 3.12


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