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:
The answer is A
Step-by-step explanation:
Answer:
log₃(243) = x
Step-by-step explanation:
3^x = 243
Rule: a^x = b -> logₐ(b) = x
log₃(243) = x
"The product of two irrational numbers is SOMETIMES irrational." The product of two irrational numbers, in some cases, will be irrational. Hope this helps ya out! -Ella
7013/10
Step-by-step explanation:
first, count the decimal to the right
as you can tell, we can only do it once so therefore we get 10
we then multiply 701.3/1 both sides with 10
then we get out answer 7013/10
