Answer:
(16) is the homogeneous mixture
The expected value for the person buying the insurance is -25.
<h3>How the expected value is calculated?</h3>
The expected value is the average gain or loss of an event if the event is repeated a number of times.
Expected value = ∑xP(x)
<h3>Calculation:</h3>
It is given that,
The probability of a 47-year-old woman passing away during the coming year is 0.179% = 0.00179
The death benefit = $100,000 - $204 = $99,796
The loss from living = -204
Then the expected value = 99796(0.00179) + (-204)(0.99821) = -25
Therefore, the expected value for the person buying the insurance is -25.
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12(2x - 8) = 15
12(2x) - 12(8) = 15
24x - 96 = 15
<u> + 96 + 96</u>
<u>24x</u> = <u>111</u>
24 24
x = 4.625
Coolio
lw=1000
lets assume that the aluminum sides are the legnth
2 sides
2*15=30
30l=cost of aluminum
steel=10w
wood=(w-10)5=5w-50
we can eliminate the w by solving for w in first relation
lw=1000
divide both sides by l
w=1000/l
sub that for w
10(1000/l)=steel
5(1000/l)-50=wood
wood cost+steel+aluminum cost=total cost
10(1000/l)+5(1000/l)-50+30l=1525
(10000/l)+(5000/l)-50+30l=1525
(15000/l)-50+30l=1525
add 50 to both sides
(15000/l)+30l=1575
times both sides by l
15000+30l²=1575l
minus 1575l from both sides
30l²-1575l+15000=0
factor
(15)(l-40)(2l-25)=0
set each equal to 0
l-40=0
l=40
2l-25=0
2l=25
l=12.5
the there are 2 possible combinations
aluminum=40yd and steel=25yd or
aluminum=12.5yd and steel=80ft
both yield 1000yd² and cost $1525
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