Answer:
95 / 100 * 120 = 114 students
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Answer:
1 7/15
Step-by-step explanation:
2-1=1
then you make 2/3 and 1/5 have the same denominator -
5*3=15
?/15 ?/15
multiply 2 by 5 which is 10, so 10/15
then multiply 1 by 3 which is 3/15
subtract 3/15 from 10/15 which is 7/15
The expected value of this policy to the insurance company is $285.00.
Using this formula
Policy expected value=Insurance policy charges-[(Probability × Claim)+(Probability × Claim)]
Let plug in the formula
Policy expected value=$1,300-{(.0041)($150,000)+(.08)($5,000)]
Policy expected value=$1,300-($615+$$400)
Policy expected value=$1,300-$1,015
Policy expected value=$285.00
Inconclusion the expected value of this policy to the insurance company is $285.00
Learn more here:
brainly.com/question/19819099
Is it meaning the cereal is 25% off? If so then your answer would be $2.44
