Answer: 0.0228
Step-by-step explanation:
please check photo explanation
The first thing we will do is define an equilateral triangle:
In geometry, an equilateral triangle is a regular polygon with three equal sides. In traditional Euclidean geometry, equilateral triangles are also equiangular, that is, the three internal angles are also congruent to each other, each angle with a value of 60 °
Every equilateral triangle consists of three equal sides and three congruent angles.
Therefore, there can be a triangle with three equal sides (5 centimeters in this case).
Answer:
1) one
The expected value of this policy to the insurance company is $285.00.
Using this formula
Policy expected value=Insurance policy charges-[(Probability × Claim)+(Probability × Claim)]
Let plug in the formula
Policy expected value=$1,300-{(.0041)($150,000)+(.08)($5,000)]
Policy expected value=$1,300-($615+$$400)
Policy expected value=$1,300-$1,015
Policy expected value=$285.00
Inconclusion the expected value of this policy to the insurance company is $285.00
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