could someone use python codes to solve this problem a health insurance will pay for 5151770

February 10, 2021/in Business Homework Help Online /by Joseph

A health insurance will pay for a medical expense subject to a USD 100 deductible. Assume that the amount of the expense is e Could someone use python codes to solve this problem?

A health insurance will pay for a medical expense subject to a USD 100 deductible. Assume that the amount of the expense is exponentially distributed with mean USD 500. Compute the empirical mean and emprical standard deviation of the payout by the insurance company by using 100000 samples. 1: # WRITE YOUR OWN CODE HERE! FEEL FREE TO INSERT MORE CELLS! # ADD SOME COMMENTS TO YOUR CODE!

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