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2 years ago

Acasa Insurance Company offers several plans for home insurance.

Mathematics

1 answer:

pantera1 [17]2 years ago

5 0

Acasa's expected value loss be per customer who chooses plan A

Assumption

Fill customers choose plan A

The average payout is the same for plans A & B

Expected value = net payment in -Net payment out

⇒ 1000% × 700$ - 5% ×[27000$ - 3000$]

⇒ 700$ - 1200$

⇒ -500$

What are a profit and loss?

A profit and loss statement is a record of revenue and expenses incurred by a business in a given period of time. A profit and loss statement is also called a P&L, an income statement, a statement of profit and loss, and income and expense statement, or a statement of financial results.

Learn more about profit and loss

here: brainly.com/question/19104371

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The equation y=4x+4 estimates the number of U.S. households, in millions, expected to install devices that receive and manage br

Pepsi [2]

Answer:

X ≥9 years after 2009.

Step-by-step explanation:

Y=4x+4

Y-4=4x

X=(Y-4)/4

Y=number of U.S. households, in millions.

Y≥40

Y-4≥36

(Y-4)/4≥9

So, X≥9.

7 0

3 years ago

A train from Portland, Oregon, to Los Angeles, California, travels at an average speed of 60 miles per hour and covers a distanc

seropon [69]

Answer:

The train need to leave Portland at 03:27 am

Step-by-step explanation:

step 1

Find out how long it takes the train to travel from Portland, Oregon, to Los Angeles, California

Remember that

The speed is equal to divide the distance by the time

The time is equal to divide the distance by the speed

Let

s ---> the speed in miles per hour

d ---> the distance in miles

t ---> the time in hours

$t=\frac{d}{s}$

we have

$d=963\ mi$

$s=60\ mi/h$

substitute

$t=\frac{963}{60}=16.05\ hours$

step 2

Adds 30 minutes (time it takes to get from the train station to her aunt's house)

Remember that

$30\ minutes=0.50\ hours$

$16.05+0.50=16.55\ hours$

Convert to minutes

$16.55\ h=16.55(60)\ min=993\ min$

step 3

Remember that

$8 p.m=20:00\ hrs$

Convert to minutes

$20(60)=1,200\ min$

Subtract 993 minutes from 1,200 minutes

$1,200-993=207\ min$

Convert to hours+minutes

$207\ min=207/60=3.45\ hours$

$0.45\ h=0.45(60)=27\ min$

$3\ h+27\ min$

$00:00 + 03:27=03:27\ am$

therefore

The train need to leave Portland at 03:27 am

8 0

4 years ago

Write 3/60 as a fraction in its simplest form

mart [117]

Answer:

$\frac{1}{20}$

Step-by-step explanation:

$\frac{3}{60}=\frac{1}{20}$

To get $\frac{1}{20}$ you needed to divide the numerator and denominator by 3.

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4 years ago

Read 2 more answers

Jimmy pays $2.93 for each gallon of gas. Which table best represents the relationship between g, the number of gallons purchased

Varvara68 [4.7K]

1 gallon = 2.93
2 gallons = 5.86
3 gallons = 8.86

Therefore the correct table is D.

3 0

3 years ago

An automobile manufacturer has given its van a 31.3 miles/gallon (MPG) rating. An independent testing firm has been contracted t

Fynjy0 [20]

Answer:

$z=\frac{31.1-31.3}{\frac{1.3}{\sqrt{140}}}=-1.82$

The p value for this case would be given by:

$p_v =2*P(z$

For this case since the p value is higher than the significance level we have enough evidence to FAIL to reject the null hypothesis and we can conclude that the true mean is not significantly different from 31.3 MPG

Step-by-step explanation:

Information given

$\bar X=31.1$ represent the sample mean