Answer:
35.35%
Step-by-step explanation:
If there were no deductibles, the expected claim payment would be:

If the collision insurance claim is under $2,000, then the insurer would not pay anything, but if X > $2,000, then the insurer would pay X - $2,000. The new expected value is:

The percentage reduction on the claim payment is:

There was a 35.35% reduction.
Answer:
110
Step-by-step explanation:
5.5 x 20 = 110
Unable to provide a definitive answer due to lack of diagram.
Answer: 1/4
Step-by-step explanation:
Multiples of 6:
Multiples of 6 are numbers obtained when 6 is multiplied by an integer. Such as
(6*1) = 6, (6*2)=12, (6*3) = 18..... and so on.
Probability is calculated by finding the ratio of the required outcome and total possible outcomes.
Probability = required outcome / Total possible outcomes
P(multiple of 6) = number of multiples of 6 / total number of possible outcomes
If number of 6 multiples = 5 and
Total number of faces in the spinner = 20
Then :
P(multiple of 6) = 5/20 = 1/4
Using the Fundamental Counting Theorem, the sample size of these outcomes is of 12.
<h3>What is the Fundamental Counting Theorem?</h3>
It is a theorem that states that if there are n things, each with
ways to be done, each thing independent of the other, the number of ways they can be done is:

Considering the number of options for Entree, Side and Drink, the parameters are:
n1 = 3, n2 = 2, n3 = 2.
Hence the sample size of outcomes is:
N = 3 x 2 x 2 = 12.
More can be learned about the Fundamental Counting Theorem at brainly.com/question/24314866
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