Answer:
The expected losses are $200 per year
Step-by-step explanation:
Expected payoff from flood insurance is:
income*probability of flood
$ 1000 * 0.20 = $ 200
But his insurance costs $400 per year, then he will loss: $ 400 - $ 200 = $200 per year.
Okay so 123-45-67+89=100
That should be the answer
<span>2.87500 pounds. yup just putting extra characters.</span>
Id say d is best way to go
The correct answer is the option A.
The explanation is shown below:
The option A is theoretical probability, because they did not make any experiment to determine the probability, while in the others options, they had to make equal tests for to determine the probability.
For example, Lisa had to attempted 25 basketball free throws to determine which one them she could make and, then, determine the probability. While Kelli did not have to make any test.