The expected value of health care without insurance is $437.25.
The expected value of health care with insurance is $1,636.40.
<h3>What are the expected values?</h3>
The expected values can be determined by multiplying the respective probabilities by its associated costs.
The expected value of health care without insurance = (1 x 0) + (0.32 x 1050) + (0.45 x $225) = $437.25.
The expected value of health care with insurance = (1 x 1580) + (0.32 x 75) + (0.45 x $72) = $1,636.40.
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Answer:
x=1
Step-by-step explanation:
The formula is
V (t)=V0 (1-r)^t
V (t)?
V0 1000
R 0.05
T 5 years
V (5)=1,000×(1−0.05)^(5)=773.78
Answer: 2.01
Explanation: I rounded 22.11 two 22. So when you divide it by eleven is 2. Then you divide 11 by 11. Which is one, and it seems it was in the hundreths place so you add a cero before the one.
Answer:
10 green
Step-by-step explanation:
24 total balls. 17 Not red, so 24-17=7. 7 Red balls. That leaves 17 balls. 10 of them are neither yellow nor blue, and since the amount of red balls has been figured out, we do not need to account for them. 17 balls - 10 not yellow or blue equals 7 balls that can be yellow or blue. 17 balls left, minus the 7 yellow or blue balls equals 10.
