Quote:
Problem: The number of injury claims per month is modeled by a random variable N with Pr(N = n) = 1 (n + 1)(n + 2) , n ≥ 0. Determine the probability of at least one claim during a particular month, given that there have been at most four claims during that month. Answer = 0.4 (In the answer key) |
I am getting 0.375. Is my answer correct or did I do something wrong?
Finan 13.7
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