Step-by-step explanation:
3p + 7q = 55
7p + 7q = 91
(-)
-4p=-36
p=9
q=4
The expected value of this policy to the insurance company is $285.00.
Using this formula
Policy expected value=Insurance policy charges-[(Probability × Claim)+(Probability × Claim)]
Let plug in the formula
Policy expected value=$1,300-{(.0041)($150,000)+(.08)($5,000)]
Policy expected value=$1,300-($615+$$400)
Policy expected value=$1,300-$1,015
Policy expected value=$285.00
Inconclusion the expected value of this policy to the insurance company is $285.00
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Answer:
Step-by-step explanation:
1) Replace f(x) with y: y = 19/x^3
2) Interchange x and y: x = 19/y^3
3) Solve this result for y: xy^3 = 19, or y^3 = 19/x, or
y = ∛[19/x]
-1
4. Replace this y with the label f (x) = ∛[19/x]
Answer:
no
Step-by-step explanation:
because you never multiply the divisor's
