Answer:
The probability that Actuary Rahul examines fewer policies that Actuary Toby = 0.2857
Step-by-step explanation:
It is said that Actuary Rahul examines a low risk policy
Probability of a low risk policy having a claim = 10% = 0.1
Actuary Toby examines high risk policy
Probability of a high risk policy having a claim = 20% = 0.2
Let the number of policies examined by actuary Rahul before he finds a claim and stop be n
Probability that actuary Rahul examines exactly n policies = 
Probability that Toby examines more than n policies = 
Since the claim statuses of policies are mutually independent, the probability that both events happen simultaneously = 
probability that both events happen simultaneously = 
The probability that Actuary Rahul examines fewer policies that Actuary Toby =
= 
The probability that Actuary Rahul examines fewer policies that Actuary Toby = 0.2857
Answer:
yay thx
Step-by-step explanation:
Answer:
Lisa can buy 5 pounds of tomatoes.
Step-by-step explanation:
Given that Lisa has $ 7.80 to spend on some tomatoes and a loaf of bread, and tomatoes cost $ 1.20 per pound, and a loaf of bread costs $ 1.80, to determine how many pounds of tomatoes she can buy, the following calculation must be performed:
1.20X + 1.80 = 7.80
1.20X = 7.80 - 1.80
X = 6 / 1.20
X = 5
So Lisa can buy 5 pounds of tomatoes.
Answer:
Ella sold the each print for the cost of $57.21.
Step-by-step explanation:
The total number of prints sold at gallery = 52
Total amount it is sold for = $2,975
Noe, If 52 prints are sold for $2,975.
⇒

or, Cost of 1 print = $57.21
So, Ella sold the each print for the cost of $57.21.