Answer:
$122.28
Step-by-step explanation:
Give the following :
Insurance worth = $240,000
Price sold = $225
P(survival) = 0.999572
P(death) = 1 - 0.999572 = 0.000428
If she survives, insurance firm makes $225
If she dies, insurance firm pays $240,000, hence the company losses :
$(225 - 240,000) = $−239775
Expected value (E(x)) = sum of P(i) * X(i)
E(x) = (P(survival) * profit made) + (P(death) * loss incurred)
E(x) = (225 * 0.999572) + (0.000428 * −239775)
= 224.9037 - 102.6237
=$ 122.28
Answer:
0)2.50 2)5.00 4)10.00 6)15.00
Step-by-step explanation:
Answer:
7 chocolate bars will cost $35
Step-by-step explanation:
if 3 cost $15 then 1 bar would cost 5 dollars and 5x7=35
here is a ratio:
<u>3</u> = <u>7</u>
15 = 35