View Single Post
  #1  
Old July 2nd, 2009, 09:58 AM
PensFan10 PensFan10 is offline
Junior Member
 
Join Date: Jun 2008
Posts: 72
Country:
Thanks: 10
Thanked 0 Times in 0 Posts
PensFan10 is on a distinguished road
Default Exp. Distribution

An insurance company does not pay 75 percent of claims. For the remaining claims, they are exponentially distributed with a mean of 10. What is the expected claim payout.


thanks
Reply With Quote