subject
Mathematics, 06.04.2021 23:50 ItsLeyArt

An insurance policy sells for $600. Based on past data, an average of 1 in 50 policyholders will file a $5,000 claim, and average of 1 in 100 policyholders will file a $10,000 claim, and an average of 1 in 200 policyholders will file a $30,000 claim. What is the expected value per policy sold?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 21:20
Sam is a waiter at a local restaurant where he earns wages of $5 per hour sam figures that he also eams about $3 in tips for each person he serves sam works 6 hours on a particular day. if n represents the number of people sam serves that day, which of the following functions could sam use to figure ehis total earings for the do o a. en) = 30 o b. en) = 5n+ 18
Answers: 2
question
Mathematics, 21.06.2019 22:00
15 points what is the end behavior of this graph? & what is the asymptote of this graph?
Answers: 1
question
Mathematics, 22.06.2019 02:30
Factor this polynomial completely. 12x^2+ x-6
Answers: 1
question
Mathematics, 22.06.2019 04:00
Sean is his dad build a tiled walkway in their backyard. the walkway will be 6060 feet long and 22 feet wide. the local hardware store sells tiles which are 22 by 22 feet and come in boxes of 66. how many boxes of tiles do they need?
Answers: 1
You know the right answer?
An insurance policy sells for $600. Based on past data, an average of 1 in 50 policyholders will fil...
Questions
question
Mathematics, 05.11.2020 01:50
question
History, 05.11.2020 01:50
question
Mathematics, 05.11.2020 01:50
question
Mathematics, 05.11.2020 01:50
question
Mathematics, 05.11.2020 01:50
Questions on the website: 13722363