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:
![E = -0.954*50 + 0.046*950 = -4](https://tex.z-dn.net/?f=E%20%3D%20-0.954%2A50%20%2B%200.046%2A950%20%3D%20-4)
The expectation of the policy until the person reaches 61 is of -$4.
Answer:
c
Step-by-step explanation:
bc blah blah blahhhhhhhhhhhhhhhhh and yessir
(10/12) / (4/6)...when dividing with fractions, flip what u r dividing by, then multiply
10/12 * 6/4 = 10/8 which reduces to 5/4 or 1 1/4
Just divide 2pie on both sides so your equation would be C/2pie=r