Mathematics, 24.03.2021 21:20 rubincain698
An insurance policy sells for $750. Based on past data, an average of 1 in 80
policyholders will file a $10,000 claim, an average of 1 in 160 policyholders will file a $20,000 claim, and an average of 1 in 200 policyholders will file a $50,000 claim.
a. Find the expected value (to the company) per policy sold.
b. If the company sells 100,000 policies, find the expected profit or loss.
Answers: 3
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If the regular price was $115, how much did jeanine pay for the hiking boots? jeanine bought a new pair of hiking boots on sale for 25% off the regular price. enter the correct answer. ooo done clestall the following formula describes this scenario: Ä‘oo s = r. 0.25 r = regular price s = sale price
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At the county fair, animals are judged for the quality of their breeding and health. the animal pens are arranged in an array, with one animal in each pen. a barn can hold at most 10 rows of pens and at most 6 pens in each row, with room for people to walk around them. what different ways can the planners of the county fair arrange the pens for the horses and cows in the same barn?
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Bonnie borrowed $2400.00 from the bank. each year the bank charges 6% simple interest. how much interest will be owed in one year if no payments are made?
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An insurance policy sells for $750. Based on past data, an average of 1 in 80
policyholders will fi...
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