Answer:
$475
Step-by-step explanation:
There are 3 possible accident in this question
3% chance of losing $2000
0.1% chance of losing $150,000
96.9% chance of losing $0
Then the expected value that you will lose is:
3%* $2000 + (0.1% * $15000) + (96.9% * $0)= $75
Profit made by subtracting the price with the lose. If the company want average profit $400, the charge should be:
average profit = premium price - average lose
premium price= average profit + average lose
premium price= $400 + $75 = $475
Answer:
4/5
Step-by-step explanation:
solved it
Answer: 1600g
Step-by-step explanation: (4 * 2kg) / 5 = 8/5kg
8/5kg = 1.6kg
1.6kg * (1000g / 1kg) = 1600g
Answer:
reflect y = cos x over the x-axis
Step-by-step explanation:
When a function is reflected over the x-axis, the transformation is:
y = -f(x)
If it were reflected over the y-axis, the transformation would be:
y = f(-x)