move the 3 to the 7 side. it will become negative.
9x-5x=7-3
4x=4
x=1
Answer:
y </ 4x - 6
Step-by-step explanation:
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:
B
Step-by-step explanation:
