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GuDViN [60]
3 years ago
9

Assume 3 in every 1000 students at a local community college have quit due to serious health issues. An insurance company offers

them an $8000 policy for $50 a year. What is the amount the insurance company should expect to make on average on every student that pays?
Mathematics
2 answers:
worty [1.4K]3 years ago
4 0
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions here.

Below is the solution:

 <span>E(X) = 50*1 - 3*8000/10000 
E(X) = 50 - 24 = $26 per year</span>
kenny6666 [7]3 years ago
3 0

Answer: if 3 for every 1000 students quit due serious health issues, then you can see the proportion doing the quotient between this numbers. This is:

3/1000 = 0.003

Then if you choose a random student, you have a 0.003 probability of choosing one who can have a health issue.

and a 0.997 probability to choose a student with no health issues.

Now, the company wins  $50 for the healthy students, and lose ($50 - $8000)  = -$7950 for each student that is sick (because they initially pay the 50$ and latter get the $8000).

Then the insurance company should expect to make in average:

0.997*$50 - 0.003*($7950) = $26

So the company should expect to make 26 dollars per student in a year.

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6x-5y=4

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Reorder the terms

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Change the signs

-6x+5y=-4

Move variable to the left

3y=-6x+20

Reorder the terms

3y+6x=20

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A newspaper poll found that 54% of the respondents in a random sample of voters from a district in a city plan to vote
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The elements of Matrix C are shown below.
sergeinik [125]

The matrix that represents the matrix D is \left[\begin{array}{cccc}3&1&-9&8\\2&2&0&5\\16&1&-3&11\end{array}\right]

<h3>How to determine the matrix d?</h3>

Given the elements of the matrix C.

The matrix c is represented by its rows and columns element, and the arrangements are:

C11 = 3    C12 = 1   C13=-9   C14 = 8

C21 = 2   C22=2   C23 =0   C24 = 5

C31 = 16   C32 = 1  C33=-3   C34=11

Remove the matrix name and position

3  1  9  8

2 2  0  5

16  1  -3  11

Represent properly as a matrix:

C = \left[\begin{array}{cccc}3&1&-9&8\\2&2&0&5\\16&1&-3&11\end{array}\right]

Matrix C equals matrix D.

So, we have:

D = \left[\begin{array}{cccc}3&1&-9&8\\2&2&0&5\\16&1&-3&11\end{array}\right]

Hence, the matrix that represents matrix D is \left[\begin{array}{cccc}3&1&-9&8\\2&2&0&5\\16&1&-3&11\end{array}\right]

Read more about matrix at:

brainly.com/question/2456804

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