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Insured value of homes follows a certain distribution

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1. An insurance company insures a large number of homes. The insured value, X, of a randomly selected home is assumed to follow a distribution with density function f(x) = 3x^-4, x > 1.

Given a randomly selected is insured for at least 1.5, what is the probability that it is insured for less than 2.

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The expert examines the probability of insured value of homes follows a certain distribution.

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