subject
Mathematics, 04.01.2021 20:10 ralphmillerrr

An insurance company charges Ted E. Bear $1400 per year for insurance on his home. The company has predicted that there is a 10% chance that Ted will make a claim on the policy of $5000. Create a probability distribution and determine what the insurance company can expect to make on this policy, on average?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:50
Dylan and dusty plan to take weekly surfing lessons together. if the 2-hour lessons are $20 per person and they plan to spend $100 each on new surfboards, what is the maximum number of lessons the two can take if the total amount spent for lessons and surfboards is at most $480?
Answers: 1
question
Mathematics, 21.06.2019 17:30
For which pair of functions is (gof)(a)=|a|-2?
Answers: 1
question
Mathematics, 21.06.2019 19:40
Atextile fiber manufacturer is investigating a new drapery yarn, which the company claims has a mean thread elongation of 12 kilograms with a standard deviation of 0.5 kilograms. the company wishes to test the hypothesis upper h subscript 0 baseline colon mu equals 12 against upper h subscript 1 baseline colon mu less-than 12 using a random sample of n equals 4 specimens. calculate the p-value if the observed statistic is x overbar equals 11.8. round your final answer to five decimal places (e.g. 98.76543).
Answers: 3
question
Mathematics, 22.06.2019 01:30
Pls what is the decimal equivalent of 5 over 9? select one: a. 0 point 5 bar over top of 5 b. 0 point 6 bar over top of 6 c. 0 point 8 bar over top of 8 d. 0 point 9 bar over top of 9
Answers: 1
You know the right answer?
An insurance company charges Ted E. Bear $1400 per year for insurance on his home. The company has p...
Questions
question
Mathematics, 13.02.2021 20:00
question
Mathematics, 13.02.2021 20:00
Questions on the website: 13722362