Oxnard Petro Ltd. is buying hurricane insurance for its off-coast oil drilling platform. During the next five years, the probability of total loss of only the above-water superstructure ($320 million) is .30, the probability of total loss of the facility ($820 million) is .30, and the probability of no loss is .40. Find the expected loss. (Input the amount as a positive value.) Expected Loss

Expected loss = $342 million.

Step-by-step explanation:

The formula to compute the expected loss is:

Given:

P (Loss)      Amount of loss

0.30            $320 million

0.30            $820 million

0.40            $0

Compute the expected loss as follows:

Thus, the expected loss is $342 million.

in the math equation 8 x 7 = 56, the 8 and the 7 are both factors of 56, since in this lesson we will use square tiles to figure out the factors of a whole find as many different arrays as you can, but follow one important rule: all the rows must have the i can make two rows of nine, so 2 and 9 are both factors of 18.

step-by-step explanation: