(X,y)=(8,6)
Step by step explanation:
Photo? i cannot answer without a photo:)
Answer:
(3,2) I think
Step-by-step explanation:
X= 3
Y=2
3 +2 =5
3-2=1
Answer:
The expectation of the policy until the person reaches 61 is of -$4.
Step-by-step explanation:
We have these following probabilities:
0.954 probability of a loss of $50.
1 - 0.954 = 0.046 probability of "earning" 1000 - 50 = $950.
Find the expectation of the policy until the person reaches 61.
Each outcome multiplied by it's probability, so:

The expectation of the policy until the person reaches 61 is of -$4.