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EXAM P SAMPLE SOLUTIONS

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44. Solution: C<br />

If k is the number of days of hospitalization, then the insurance payment g(k) is<br />

100k for k=<br />

1, 2, 3<br />

g(k) = { 300+ 50( k− 3) for k=<br />

4, 5.<br />

5<br />

∑<br />

k = 1<br />

1 2 3 4<br />

5<br />

Thus, the expected payment is gk ( ) pk= 100 p+ 200 p+ 300 p+ 350 p+ 400 p =<br />

1<br />

( 100× 5 + 200× 4 + 300× 3+ 350× 2 + 400× 1)<br />

=220<br />

15<br />

--------------------------------------------------------------------------------------------------------<br />

45. Solution: D<br />

Note that ( )<br />

2 2 3<br />

0<br />

3<br />

4<br />

0 4<br />

x x x x 8 64 56 28<br />

E X = ∫ − dx + dx<br />

−2<br />

10 ∫ =− + =− + = =<br />

0 10 30 30 30 30 30 15<br />

−2<br />

0<br />

--------------------------------------------------------------------------------------------------------<br />

46. Solution: D<br />

The density function of T is<br />

1 −t<br />

/3<br />

f () t = e , 0 < t<<br />

∞<br />

3<br />

Therefore,<br />

E[ X] = E⎡⎣max ( T,<br />

2)<br />

⎤⎦<br />

2 2<br />

∞<br />

−t/3 t −t/3<br />

= ∫ e dt+ e dt<br />

0 3 ∫2<br />

3<br />

=−2e | − te | +<br />

∞<br />

e<br />

−t/3 2 −t/3 ∞ −t/3<br />

0 2<br />

2<br />

−2/3 −2/3 −t/3<br />

∞<br />

| 2<br />

=− 2e + 2 + 2e −3e<br />

−2/3<br />

= 2 + 3e<br />

∫<br />

dt<br />

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