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For a good driver, claim sizes are normally distributed with mean 1000 and variance 100000. For a bad driver, claim sizes are exponentially distributed with mean 2000. 80% of drivers are good. Calcula...

For a good driver, claim sizes are normally distributed with mean 1000 and variance 100000.

For a bad driver, claim sizes are exponentially distributed with mean 2000. 80% of drivers are good.

Calculate the variance of claim size for a driver seletected at random

ANSWER: 1040000

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21 2. 2. _ 246 b0oo0 2. 800000 CamScanner

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For a good driver, claim sizes are normally distributed with mean 1000 and variance 100000. For a bad driver, claim sizes are exponentially distributed with mean 2000. 80% of drivers are good. Calcula...
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