Answer:
Replacing the values that we have:
And solving for a we got:
So then the premium value for the insurance on this case should be 1840 dollars.
Explanation:
For this case we can define the random variable X as the gain ( in thousand of dollars) of insurance company
We assume that the premium clase charge and amount of a to the company and we know from the info given that:
represent the expected gain in thousand of dollars
The expected value of a random variable X is the n-th moment about zero of a probability density function f(x) if X is continuous, or the weighted average for a discrete probability distribution, if X is discrete.
And using the definition for a discrete random variable we know that :
Replacing the values that we have:
And solving for a we got:
So then the premium value for the insurance on this case should be 1840 dollars.
C. Government bond would be the correct answer
Answer:
Interest rates
Explanation:
Here are the options to the question : o Interest rates o Real income Real income o Expected future income o Wealth
Disposable income is either saved or consumed. When interest rates fall, savings would fall as returns on investment would be lower and consumption would increase.When interest rates rise, savings would increase and consumption would fall
Answer: seed capital
Explanation: In simple words, seed capital refers to the funding under which a venture capitalist invests in a project that involves introducing a completely new product or service.
Usually the projects that involves funding of seed capital have no physical existence or assets. These projects are just in from of idea and the venture capitalist feels that it can be a success so he invest in it. Generally, under such projects venture capitalist takes majority of capital in his hold for fully enjoying the potential benefit.
