Answer:
the customer's expected value of the cellphone insurance policy is -$38.64. (Option C)
Step-by-step explanation:
Based on the data given, 585/5000 or 11.7% of the total number policies have claims. This means, 100% - 11.7% = 88.3% have not claimed their cellphone insurance.
- In the chart, we are focusing on the customer's end because the question is asking for the customer's expected value↓
- In the chart, if the customer has no claims, then he losses his $48. However, if he has claims, he gains $32 since $80 - 48 = $32. Also, based on the data given by the company, 88.30% have no claims and only 11.7% of the customers have claims.
- To get the expected value, we will multiply -48 and 88.3% as well as 32 and 11.7%. 48 is negative because it indicates a loss.
Therefore, your Answer is -38.64
Answer:
D. unfavorable fixed overhead flexible minus budget variance
Step-by-step explanation:
As the cost of the equipment is increasing the fixed efficiency and idle capacity variance would be unfavorable resulting in an unfavorable fixed overhead flexible minus budget variance.
The expenses of the machinery are the fixed indirect costs which result in fixed overhead variances. Since it is related to the working of the machinery it would result in efficiency and idle capacity variances that in turn would give unfavorable fixed overhead of the flexible minus budget variance.
To find 4/16 as a percentage you can take 4/16=.25 and to turn a decimal into a percentage just move the decimal two places to the right. Giving you the percentage of 25%.
Hope this helps!=)
Step-by-step explanation:
The factorisation of 49b^2 - 81 is (7b - 9)(7b + 9). This is because 49 and 81 are the squares of 7 and 9 respectively, so these must be multiplied together. b^2 is b x b. Finally, it must be -9 and +9 to make -81, because when the signs are the same the result is a positive number
Answer:
18.1cm
Step-by-step explanation:
11cm - 4cm = 7cm
16² - 7²
256 - 49 = 207
√207 = 14.387
x = 14.4
√14.39²+11²=√207+121= √328= 18.1cm
AC=18.1cm
I hope this helps ^_^
