Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer:
22
Step-by-step explanation:
22 IS EXACTLY 50% OF 44 SO IN ORDER FOR HER TO GET 50% OF THE QUESTIONS RIGHT IT MEANS SHE ONLY ANSWERED 22 CORRECTLY
I'm not sure what the answers are, but I can help. If you go to the x axis and search for 50, then go straight up to the line of best fit, you'll find the estimated height of the tree. It appears to be about 70.
Hope this helps!
A. 38
Let X = seventh graders
6th graders are twice the number of 7th graders; therefore, 6th graders will be 2X.
The total number of students is 57.
2X + X = 57
3X = 57
X = 57 / 3
X = 19
IF X represents the 7th graders; there are 19 seventh graders present.
Since 6th graders are represented by 2X; Then, 2 * 19 = 38 is the number of 6th graders present.
Add both numbers to check: 19 + 38 = 57.
Answer:
25%
Step-by-step explanation:
100% means total amount of people surveyed, which is 300 people total.
We're looking for females who own a blue car, so that's 75 people out of 300.
75/300 = 0.25
Convert the decimal to percent by moving decimal 2 places to the right
Answer is 25%