Answer:
$150
Step-by-step explanation:
In this case, we have a random variable with four possible outcomes
0, 1000, 5000 and 10000
and four possible probabilities of occurrence
0.83, 0.10, 0.05 and 0.02
respectively.
The expectation of this random variable is (* means multiplication),
0.83*0 + 0.10*1000 + 0.05*5000 + 0.02*10000 = 100 + 250 + 200 = 550
This represents the amount of money the company expects to pay a customer in a given year.
As the deductible is $500, the customer would pay $500 in case of an accident, so the company would only have to pay
$550 - $500 = $50.
So, if the company wishes a profit of $100, the premium amount should be $150.
Answer:
-6
+11x-4
Step-by-step explanation:
-6x^2+3x+8x-4=-6x^2+11x-4
Answer:
(500π)÷3
Step-by-step explanation:
area=4πr^2 , volume=4(πr^3)÷3
area=100π ,so r=5
321 because you need to use the formula
