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Answer:
11.31 units
Step-by-step explanation:
a^2 + b^2 = c^2
8^2 + 8^2 = c^2
64 + 64 = c^2
128 = c^2
Opposite of exponents is square roots, and we need to get rid of that exponent in c^2, meaning we find the square root.
= c
c = 11.31 units
Answer:
The expectation of the policy until the person reaches 61 is of -$4.
Step-by-step explanation:
We have these following probabilities:
0.954 probability of a loss of $50.
1 - 0.954 = 0.046 probability of "earning" 1000 - 50 = $950.
Find the expectation of the policy until the person reaches 61.
Each outcome multiplied by it's probability, so:
The expectation of the policy until the person reaches 61 is of -$4.