Answer and Explanation:
The computation is shown below:
a. The expected value of payout arise from emergency is
= 0.01 × $67,500
= $675
b. The expected value of payout arise from capped coverage insuance is
= (0.9 × $500) + (0.09 × $2,500)
= $675
c. The risk averse shows the minimum exposure with respect to the swings of the income or there would be the loss in the income. Since the payout amount is same in both the cases so here we considered option B
Answer:
standing
Explanation:
Standing -
It refers to the situation , when the party who has filed the complaint on the court is not able to show any proof for the case filed , is referred to as standing .
It refers to the type of some medical report , any eye witness ,or any clue or proof against the other party , can be provided to the court .
Hence , from the given scenario of the question ,
The correct term is standing .
A solvency ratio. It measures the income or operates success of an enterprise for a given period of time.
Britannica is pretty good and History.com is good for like Social Studies. But as your teacher might have said don't use Wikipedia.