Expected loss can be determined as the sum of the product of each possible loss by the its probability of occurence. In this situation, there are only two possible losses listed since the probability of no loss doesn't add any value to the expected loss and should be disregarded.

Expected loss (in millions) = EL

$EL = (300*0.25)+(800*0.25)\\EL = 275$

The expected loss is $275 million.

6 0

3 years ago

I NEED HELP PLZZ ASAP!!!

Crazy boy [7]

Answer:

612 I'm pretty sure.

Hope this helps!

Narancia out~!

3 0

3 years ago

Giving brainless! Don’t answer if you don’t know I’ll flag you.

GenaCL600 [577]

Answer:

The sales tax is $0.40

Step-by-step explanation:

10 x 0.04 = 0.4

0.04 is 40% when multiplying

4 0

3 years ago

Write an algebraic expression that Marshall can use to determine the total cost of buying a watermelon that weighs w pounds and

VMariaS [17]

Answer:

The answer is that the cost will be a total of: $142.05. That is $125.80 for Watermelon that weighs 185 lbs and $16.25 for 5 lbs of tomatoes.

Step-by-step explanation:

Given: Watermelons are .68 / lb and tomatoes are 3.25 / lb.

Let w = watermelon weight and tomato weight.

An equation would be:

.68w + 3.25t = Total cost

For 185 lb of Watermelon and 5 lbs of tomatoes:

.68(185) + 3.25(5) =

$125.80 + $16.25 = $142.05

3 0

3 years ago