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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True, -4 seems bigger because 4 is bigger than 3 but it's negative and is further away from 0
Step-by-step explanation: Explanation:
y
−
2
=
3
(
x
−
1
)
3
x
−
y
=
3
−
2
=
1
x
1
3
+
y
−
1
=
1
is the intercept form of the equation.
Now we know the two points on the line as
(
1
3
,
0
)
,
(
0
,
−
1
)
By plotting the two points on a graph sheet and joining them gives the line required.
graph{3x - 1 [-10, 10, -5, 5]}
Hope this helps!!!
Answer:
12 sq u
Step-by-step explanation:
Ⓗⓘ ⓣⓗⓔⓡⓔ
Well, assuming the shaded triangle is one of those two triangles, its area would be 12 sq u.
Why? Because its length would be the same as the retances, as would its height, and to find the area of a triangle, you'd do L*H/2 which would be 24/2=12 sq u
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A square pyramid is called like so because its base is a square.
notice this one, its base is a 0.4x0.4 square, and the triangular faces have a base of 0.4 and an altitude or height of 5.
so we can simply get the area of the base and all four triangular faces and sum them up, and that's the surface area of the pyramid.
![\bf \stackrel{\textit{squarish base}}{(0.4\cdot 0.4)}~~+~~\stackrel{\textit{4 triangles}}{4\left[\cfrac{1}{2}(0.4)(5) \right]}\implies 0.16~~+~~4\implies 4.16](https://tex.z-dn.net/?f=%5Cbf%20%5Cstackrel%7B%5Ctextit%7Bsquarish%20base%7D%7D%7B%280.4%5Ccdot%200.4%29%7D~~%2B~~%5Cstackrel%7B%5Ctextit%7B4%20triangles%7D%7D%7B4%5Cleft%5B%5Ccfrac%7B1%7D%7B2%7D%280.4%29%285%29%20%20%5Cright%5D%7D%5Cimplies%200.16~~%2B~~4%5Cimplies%204.16)
