Calculate the simulated claim amount. (A) (B) 10 (C) (D) (E) 40 You wish to simulate a value, Y, from a two point mixture. With probability 0.3, Y is exponentially distributed with mean 0.5. With...

Extracted text: Calculate the simulated claim amount. (A) (B) 10 (C) (D) (E) 40 You wish to simulate a value, Y, from a two point mixture. With probability 0.3, Y is exponentially distributed with mean 0.5. With probability 0.7, Y is uniformly distributed on [-3, 3]. You simulate the mixing variable where low values correspond to the exponential distribution. Then you simulate the value of Y, where low random numbers correspond to low values of Y. Your uniform random numbers from [0, 1] are 0.25 and 0.69 in that order. Calculate the simulated value of Y . 20 30