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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The correct answer is points
Okay i haven't done this years but base on my knowledge it think that the answer is 6 and that because:
(2x+3) + (3-2x)
(2x+2x+3) +(3-2x+2x) (what ever you to one side you do the next and that why it cancel each other)
3+3=6
that my explanation hope this help
Remark
Perpendicular slopes are found by using the formula m1*m2 = - 1. That is followed by using the given point to determine the y intercept.
Solution
<em><u>Step One</u></em>
Find the slope of the new line
m1 = - 1/3
m2 = ??
m1 * m2 = - 1
(-1/3) * m2 = - 1
You could continue by changing (-1/3) to a decimal.
(-0.3333333333) * m2 = -1 Now divide by the decimal
m2 = - 1/ (-0.3333333333)
m2 = 3 which is what my calculator tells me the answer is.
<u>Step Two</u>
So far what you have is
y = 3x + b
Use the point (-3, -7) to get the y intercept.
-7 = 3(-3) + b
b - 9 = - 7
b = -7 + 9
b = 2
y = 3x + 2 Answer
Graph
The graph shown below is both lines plotted in desmos. The red line is y = 3x + 2 which is perpendicular to the given graph y = (-1/3)x +5 which is in blue.
The green dot is the point (-3 , - 7)
Answer:
11=x
Step-by-step explanation:
1) distribute the "2"
2x+14=36
2) subtract 14 on both sides
2x+14=36-14
2x=22
3) divide by 2 on both sides
2x/2=22/2
x=11
hope this helps