Answer:
Option D is correct.
Step-by-step explanation:
27.35 x 20/100
=> 2.735 x 2/1
=> $5.47
=> $5.50 (Rounded)
Therefore, Option D is correct.
Hoped this helped.
Answer:
a). 0.294
b) 0.11
Step-by-step explanation:
From the given information:
the probability of the low risk = 0.60
the probability of the high risk = 0.40
let 
represent no claim
let 
represent 1 claim
let 
represent 2 claim :
For low risk;
so, = (0.80 * 0.60 = 0.48), = (0.15* 0.60=0.09), = (0.05 * 0.60=0.03)
For high risk:
= (0.50 * 0.40 = 0.2), = (0.30 * 0.40 = 0.12) , = ( 0.20 * 0.40 = 0.08)
Therefore:
a), the probability that a randomly selected policyholder is high-risk and filed no claims can be computed as:
b) What is the probability that a randomly selected policyholder filed two claims?
the probability that a randomly selected policyholder be filled with two claims = 0.03 + 0.08
= 0.11
The true statement about the quadratic function is that it has two distinct real zeros
<h3>How to interpret the quadratic function?</h3>
The given parameters are:
- x-intercepts = 2 i.e. intercepts the x-axis in two places
- y-intercept = 1 i.e. intercepts the y-axis in one place
The first highlight above means that, the function can be represented as:
y = a(x - x1)(x -x2)
Where x1 and x2 are the x-intercepts
This also means that the quadratic function has two distinct real zeros
Read more about quadratic functions at:
brainly.com/question/7323175
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