Answer:
Step-by-step explanation:
no,because the percentage found in part(c)is about the same as the percentage found in part (b)
my answer is the second choice
Answer:
45
Step-by-step explanation:
20 + 5 + 5 + 5 + 5 + 5 + 5 + 5 + 5 + 5 = 45
Answer:
-3 = -18
0 = 0
4 = 24
Step-by-step explanation:
-3... so 6(-3) equals -18 because a positive times a negative equals a negative
0... so 6 (0) equals 0 because anything multiplied by 0 equals 0
4... so 6 (4) equals 24
() means multiplied by so if it’s y(x) then that means y is multiplied by x :)
From 2000 students paying $50 a year, they make $100,000. Lets say the 3 students who get in serious trouble with health use the whole policy of $12,000. thats $36,000. So the insurance company made $64,000 profit.
Answer:
a) E(y) = 0.8
b) The average subcharge is $165
Step-by-step explanation:
We are given the following distribution in the question:
y: 0 1 2 3
P(y): 0.50 0.25 0.20 0.05
a) E(y)

b) Expected value of subcharge
Subcharge =

Expected value of subcharge =

Thus, the average subcharge is $165