The ratio 9:7 gives you following statement:
- Carl will win in 9 cases from 9+7=16;
- Carl will lose in 7 cases from 16.
Then the probability that Carl will lose is
Answer:
<h2>(-3)+2 = <u>(</u><u>-1</u><u>)</u></h2>
Hope this will help
Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
To get the answer of 7,280 all i can figure out is to multiply (X) 364 x 20 = 7,280 and that gives you the answer you show of 7,280.
Answer:
y=29
Step-by-step explanation:
Since the angles are across a vertex from one another, they are congruent and equal. You can also see this by reflecting or folding it in half through the vertex. They will be the same. This means we can write the following equation and solve using inverse operations:
4y-8=79+y
4y-y-8=79+y-y
3y-8=79
3y-8+8=79+8
3y=87
y=29
