An insurer.s annual weather-related loss, X, is a random variable with density function
1. f(x) ={2.5(200)^2:5/x^3.5 for x > 200
0 otherwise
Calculate the difference between the 25th and 75th percentiles of X.
An insurer.s annual weather-related loss, X, is a random variable with density function
1. f(x) ={2.5(200)^2:5/x^3.5 for x > 200
0 otherwise
Calculate the difference between the 25th and 75th percentiles of X.