Here we are given the information that an insurance agent receives 16% commission on every premium paid.
Now we are given that a premium of $497.69 is paid.
Let us say $x is the commission paid on the policy with a premium of $497.69.
Let us try to find the amount x here.
So we have to find 16% of 497.69 to get the commission amount x.
So finding 16% of 497.69.
x= 16% of 497.69 = 0.16*497.69 = 79.63
Answer: Commission of $79.63 is paid on a policy with a premium of $497.69.
A group of k elements can be chosen from a group of n elements in
ways.
The answer is B. 495.
Answer:
Options D & E are independent
Step-by-step explanation:
For any of the options to be independent, they have to be mutually exclusive i.e A ∩ B = 0
A) A ∩ B = {1, 2, 3}. They are not mutually exclusive and so they are not independent.
B) A ∩ B = {3}. They are not mutually exclusive and so they are not independent.
C) A ∩ B = {8}. They are not mutually exclusive and so they are not independent.
D) A ∩ B = 0. They are mutually exclusive and thus they are independent.
E) A ∩ B = 0. They are mutually exclusive and thus they are independent.
