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lesya692 [45]
2 years ago
11

Kyle has to make a decision about his health insurance. Under one plan, the monthly cost of insurance is $15, but if he visits a

doctor, he has to pay $50 for an office visit.
Kyle estimates that he has a 0.05 probability of needing to visit a doctor in any given month.

What is the expected monthly value of this plan for Kyle?
Mathematics
2 answers:
tester [92]2 years ago
8 0

100 - 0.05 = 0.95

Expected monthly cost =

Monthly cost x 0.95 + office visit x 0.05

15 x 0.95 + 50 x 0.05

14.25 + 2.50 = $16.75

cupoosta [38]2 years ago
5 0

Answer:

The expected monthly cost value should be 17.50.

Step-by-step explanation:

15 * 0.95 + (15 + 50)*0.05 = 17.5

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The function y = 2.5x + 500 represents the total number of miles if the motor car race is 500 miles long, option (d) is correct.

<h3>What is a function?</h3>

It is defined as a special type of relationship, and they have a predefined domain and range according to the function every value in the domain is related to exactly one value in the range.

We have:

y represents the number of miles a motor car has left to go in the race

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