Show transcribed image text Assignment Previewer estion Details DevoreStat9 3.E.030. [321 An individual who has automobile insurance from a certain company is randomly selected. Let Y be the number of mo violations for which the individual was cited during the last 3 years. The pmf of Y is the following. 0 p(y) 0.60 0.25 0.10 0.05 (a) Compute E(M E(Y) = (b) Suppose an individual with Y violations incurs a surcharge of $120Y2, Calculate the expected amount of the surcharge.
Assignment Previewer estion Details DevoreStat9 3.E.030. [321 An individual who has automobile insurance from a certain company is randomly selected. Let Y be the number of mo violations for which the individual was cited during the last 3 years. The pmf of Y is the following. 0 p(y) 0.60 0.25 0.10 0.05 (a) Compute E(M E(Y) = (b) Suppose an individual with Y violations incurs a surcharge of $120Y2, Calculate the expected amount of the surcharge.
