Answer:
The expected value for the person buying the insurance is of -$48.
Step-by-step explanation:
Expected value:
0.169% = 0.00169 probability of earning the death benefit of $100,000, subtracting 217, 100000 - 217 = $99,783.
100 - 0.169 = 99.831% = 0.99831 probability of losing $217.
What is the expected value for the person buying the insurance?

The expected value for the person buying the insurance is of -$48.
For this problem we must set up some fractions in an equality. First, we put number of people in the numerator and number of hours in the denominator. After this we can plug in 24 to the numerator of the first fraction and 4 to the denominator of the first fraction (24/4). We then set the two fractions equal to each other and put 18 in the numerator of the second fraction and the variable X and the denominator of the second fraction (18/x). Lastly we cross multiply and then divide leaving X alone. This will be our answer. Therefore the answer is 3 hours.
Answer:
Step-by-step explanation:
hello :
here is an solution :
Answer:
2.5 feet per minute
Step-by-step explanation:
Rate of Change:
= 50/20 or 5 feet every 2 minutes or
2.5 feet per minute