Answer:
65.21739130434783
Step-by-step explanation:
Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer:

Step-by-step explanation:
Given

Point (4,-5)
Required
Determine the line equation
From the question, we understand that the line is parallel to 
This implies that they have the same slope, m
A linear equation is:

Where

By comparison:
and 

Next, we determine the line equation using:

Where
and 


Hence,
<em>Option C is correct</em>
<em />
Answer:
Yes that's correct!! Nice work!! (: You're doing great.
Step-by-step explanation: