Identify which of the following best describes the nature of a stationary point.
An insurance company sells policies where, for each policy, the policyholder pays the first 50 of the cost of any claim. A claim reported to the insurance company takes some unknown value x.
Identify which of the mathematical expressions below represents the cost in to the insurance company of the claim.
State whatthe limit of a function with input variable xrepresents.
In a small island nation, local sea vessels are identified using "a letter and 4 digits" classification system. The "letter" can be any of the 26 letters in the English alphabet, A to Z, while the "digit" can be any number from 0 to 9. E.g: Z9835.
Calculate the probability of a sea vessel having an identification ending in "007".
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