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Thank you in advance! Image transcription text(1) Given a pseudo-random number (uniformly distributed over [0,1], obtain anexpression in terms of U an… Show more… Show moreImage transcription textAn insurer is using the random variable X tomodel its claim amounts. The probability densityfunction of X is: Bx (X) = 120 (500 + … Show more… Show moreImage transcription textUse this algorithm with parametervalues a = 11, c=37, m =100 and seed No=85 to generate 5 random… Show more… Show more Image transcription textIn a certain town there are two petrolstations, Station A and Station B. Bothowners wish to maximise … Show more… Show moreImage transcription textA driver wishes to deliver goods to oneof two addresses A and B, and thenreturn to the depot. A is 4… Show more… Show moreThank you in advance! Business Economics Econometrics ACS 405

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