No of outcomes =8
P(odd)=1/2
P (<6)=5/8
Required probability of P(odd) and P (<6) = 1/2*5/8=5/16
Answer:
The insurance company can make $0.78 for each policy that it sells
Step-by-step explanation:
The loss incurred to the insurance company for each death claim is:
This event has a 22 in 10 million probability of happening.
The gain for the company for each policy not claimed is:
This event has a 9,999,978 in 10 million probability of happening.
The expected value is:
Therefore, over the long run, the insurance company can make $0.78 for each policy that it sells.
Answer:
2.2050
Step-by-step explanation:
25% -> 2500.
25% is just a way of saying 25 out of 100. So we have to times 25 by 100 which gets you 2500. You the have to multiply 2500 by 8.82 which will get you 22050. Now the price is reduced by 25% so the answer will be less than 8. You have to add a decimal somewhere in the number 22050 and it has to be less than 8. You could but it after the second 2 but then it will be over 8. So the only spot you can put it is after the first 2 like this 2. so the answer will be 2.2050
Y=-4
This line also is equals Zero, if that makes any sense lol but y= -4 is the correct equation.
Answer:
13
Step-by-step explanation:
