Answer:
It is a 50% chance that you will roll and odd number each time.
Step-by-step explanation:
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:
No 20.0000004 cannot be rational.
Answer:
Step-by-step explanation:
first, do 30-2 to get 28. 7-28 is -21. -21/7 is -3
In order to express 0.45 as a common fraction, all you have to do is first divide 45 to 100. So in order to get the answer to this, you just have to put 45 as the numerator and 100 as the denominator. This will become 45/100. To turn it into its simple form, you have to first ask yourself what is a common divisible number for the two. 5 can be divided by 45 and 100 so 5 can be used. So the final answer, if you make it into simplest form, will be 9/20