Question

Can u do no 2 (b) and can u explain how to find pr(x>=10) in gamma distribution with details please

Surance company to a deductible of 100. Losses incurred follow an expor percentile of losses that exceed the sells an auto insurance policy s covers losses incurred By I e e deductibw an esponential distribution with mean 300 P35 -299 2. The installation time (min) of a certain software follows ):-300 (h (0.05 0.2 a) What is the average installation time? a certain software follows Gamma distribution with parameters-3 and β b) Compute the probability that it takes at least 10 minutes to install this software. In a small metropolitan area, annual losses due to storm, fire, and theft are assumed to be mutual ndependent, exponentially distributed random variables with respective means 1, 3, and 5. Calculate the probability that the minimum of these losses exceeds 3. 5:ご

Answer 1