Answer:
The expected value for the insurance company is $200
Step-by-step explanation:
In order to calculate the expected value for the insurance company we would have to make the following calculation:
expected value for the insurance company=expected value live+expected value die
expected value live=Net gain*probability of living
expected value live=$300*0.999=$299.70
expected value die=Net gain*probability of die
expected value die=(-$100,000 + $300)*0.001
expected value die=$-99.70
Therefore, expected value for the insurance company=$299.70-$99.70
expected value for the insurance company=$200
The expected value for the insurance company is $200
Answer:
y = -3x - 5
Step-by-step explanation:
First find the slope: (-20 - 1) / (5 - (-2)) = -3
Then plug in one set of points into the equation y = mx + b.
1 = -3(-2) + b
1 = 6 + b
b = -5
So you can get the equation: y = -3x - 5
Answer:
Step-by-step explanation:
if correct brainyest pls
He deposited $29, so a $29 dollar difference
Since 3.805 can be rounded to 3.81, and since all other statements are false, the answer is D
