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.
Answer:
franchise
Explanation:
A franchise tax refers to a government fee levied on a few companies like businesses and associations with a connection in the country by some US states. A franchise levy is not income-based. Somewhat, the classic estimate of a franchise tax is predicated on the individual's net value or capital.
According to the tax regulations in each jurisdiction, the level of a franchise tax in a particular state can vary widely. Many jurisdictions will determine the sum of franchise tax due on a basis of the assets of the company or net worth, whereas others will refer to the performance of the company's physical capital.
The coach has created a practice schedule on his own, and many of the players are upset about it. The coach developed this schedule from his own research and ideas, and he believes the players should follow along and work with this new goal. The motivational theory that this scenario represents is McGregor's Theory X of Motivation.
<h3>
What is McGregor's Theory X of Motivation about?</h3>
Managers who accept Theory X believe that if you believe that your team members dislike their work, have little motivation, need to be watched every minute, are incapable of being accountable for their work, avoid responsibility, and avoid work whenever possible, you are likely to use an authoritarian management style.
According to McGregor, this technique is highly "hands-on" and frequently entails micromanaging people's work to ensure that it is completed correctly.
Theory X emphasizes the value of increased monitoring, external rewards, and punishments, whereas Theory Y emphasizes the motivating role of job satisfaction and encourages employees to tackle jobs without direct supervision.
Learn more about McGregor's Theory X of Motivation:
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The proportion of working adults to retirees, which is
expected to rise dramatically as the baby boomers retire, is called the
old-age dependency ratio.
To add, old-age dependency ratio is <span>the ratio between the number of persons aged 65
and over (age when they are generally economically inactive) and the number of
persons aged between 15 and 64.</span>
