Given:
The product of a particular number is 65.
Second value is given by the sum of 8 and the original number.
To find:
The unknown number.
Solution:
Let x be the unknown number.
Then, second number = x+8
The product of a particular number is 65.
Splitting the middle term, we get
Using zero product property, we get
and
and
So, the unknown number is either 5 or -13.
Therefore, the correct option is B.
Answer:
the approximate probability that the insurance company will have claims exceeding the premiums collected is
Step-by-step explanation:
The probability of the density function of the total claim amount for the health insurance policy is given as :
Thus, the expected total claim amount = 1000
The variance of the total claim amount
However; the premium for the policy is set at the expected total claim amount plus 100. i.e (1000+100) = 1100
To determine the approximate probability that the insurance company will have claims exceeding the premiums collected if 100 policies are sold; we have :
P(X > 1100 n )
where n = numbers of premium sold
Therefore: the approximate probability that the insurance company will have claims exceeding the premiums collected is