I don’t see the image can you please add one to the comments so I can answer it. Thanks
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
Learn more here:
brainly.com/question/19819099
Hey there!
<span>Sqrt(300^2 + 300^2) </span>
<span>= 424.26 ft.
</span>
So the answer is 424 ft
Hope this helps!
Answer:
H and b
Step-by-step explanation:
Answer:
$4
Step-by-step explanation:
12÷4=3
7÷7=1
3+1=4
therefore she spent 4 dollars
