The expected value of health care without insurance is $437.25.
The expected value of health care with insurance is $1,636.40.
<h3>What are the expected values?</h3>
The expected values can be determined by multiplying the respective probabilities by its associated costs.
The expected value of health care without insurance = (1 x 0) + (0.32 x 1050) + (0.45 x $225) = $437.25.
The expected value of health care with insurance = (1 x 1580) + (0.32 x 75) + (0.45 x $72) = $1,636.40.
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I think the answer is D.
If not juts look up a linear equation calculator and it will tell you.
Hope this helps :)
Answer:
C
Step-by-step explanation:
The general rule for the quadratic function is
From the graph you can see that the curve passes through the points (2,4), (1,7) and (3,7), so
We get the system of three equations:
Subtract these equations:
From the second equation:
Substitute it into the first equation:
So,
and
The quadratic function is
The answer is -21/3, -1.4, 21%, 4/5,0.75.
You have to convert them to the same unit.