Ofcourse it is a linear function 
why because every of x value of this function is 23 in result always 
... so when we draw a chart it will be line on 23 coordinate ;)
        
                    
             
        
        
        
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
 
        
             
        
        
        
Answer:
Ok
Step-by-step explanation:
 
        
             
        
        
        
Answer:
40%
Step-by-step explanation:
Our fraction would be 22/55. You can divide and then multiply by 100 to get your percentage.