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Answer:
The expected value for the insurance company is $200
Step-by-step explanation:
In order to calculate the expected value for the insurance company we would have to make the following calculation:
expected value for the insurance company=expected value live+expected value die
expected value live=Net gain*probability of living
expected value live=$300*0.999=$299.70
expected value die=Net gain*probability of die
expected value die=(-$100,000 + $300)*0.001
expected value die=$-99.70
Therefore, expected value for the insurance company=$299.70-$99.70
expected value for the insurance company=$200
The expected value for the insurance company is $200
Start with the Pythagorean theorem{A²+B²=C², A and B are the sides and C is the Hypotenuse/Longest Side.}
2²+4²=C²
4+16=C²
20=C².....{now square root both sides.√}
√20=√C²
4.472= C
P.S.: hope I helped :)
Answer:
72.2 square meter
Step-by-step explanation:
(3.8)(3.8)= 14.44
(14.44)(5)=72.2
