Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer:
IM DOING ALGEBRA TOOO I HATE IT I believe that the first answe is function 4
Answer:
The price of ribbon is $0.63 per meter.
Step-by-step explanation:
It is given that:
Cost of 3 meter ribbon = $1.89
Unit price per meter = 
Unit price per meter = $0.63 per meter
Therefore,
The price of ribbon is $0.63 per meter.
Answer:
-16
Step-by-step explanation:
5^2+7/5-7
32/-2
-16
We have the following function:
f (x) = x ^ 2
We have the following transformation:
Expansions and horizontal compressions
The graph of y = f (bx):
If 0 <b <1, the graph of y = f (x) expands horizontally by the factor of 1 / b.
Applying the transformation:
y = (0.2x) ^ 2
The factor is:
1 / b = 1 / 0.2 = 5
Answer:
b. expanded horizontally by a factor of 5
