Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
First of all: subtract 3 from 3x then from 2y then divide
Answer:
62.22%
Step-by-step explanation:
First, find how many total marbles there are:
12 + 11 + 17 + 5
= 45
Then, find how many marbles that are not blue:
12 + 11 + 5
= 28
Then, divide 28 by 45, and multiply by 100
(28/45) x 100
= 62.22% is the probability of not choosing a blue marble
Answer:
the answer would be 5
Step-by-step explanation:
because if there was 15 truth or false questions that would be 45 points and if there where 5 essay questions that would be 55 questions 45+55=100 points and 15+5 questions is 20 questions so there would be 5 essay questions.
<h2><em><u>Answ</u></em><em><u>er</u></em><em><u>:</u></em><em><u>-</u></em></h2>
★ Input of the given function F(x) is 5.
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
<h3>• <u>Given</u><u>:</u><u>-</u></h3>
✯ F(x) = 7x - 9
✯ Output = 26
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
<h3>• <u>Solution</u><u>:</u><u>-</u></h3>
According to the question the output is 26.
Hence, the above data can be written in an equation form.
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
➪ F(x) = 7x - 9 = 26
➪ 7x = 26 + 9
➪ 7x = 35
➪ 
➪ 
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Therefore, F(x) = 5
