Answer:
Avicenna can expect to lose money from offering these policies. In the long run, they should expect to lose ___33__ dollars on each policy sold
Step-by-step explanation:
Given :
The amount the company Avicenna must pay to the shareholder if the person die before 70 years = $ 26,500
The value of each policy = $497
It is given that there is a 2% chance that people will die before 70 years and 98% chance that people will live till the age 70.
The expected policy to be sold= policy nominal + chances of death
= 497 + [98% (no pay) + 2% (pay)]
= 497 + [98%(0) + 2%(-26500)]
(The negative sign shows that money goes out of the company)
= 497 - 2% (26500)
= 497 - 530
=33
Therefore the company loses 33 dollar on each policy sold in the long run.
Answer:
t + 8° > 82°
Step-by-step explanation:
Given that :
Let t = temperature when Susanne checks at 11:00
If t rises by 8 more degrees, it will break the record high temperature for that day
Record high temperature for the day = 82 degree
Hence,
Temperature at 11:00 + 8° > record high temperature for the day
t + 8° > 82°
Answer:
6 mm slope 3
Step-by-step explanation:
Answer:
46656
Step-by-step explanation:
Also, you should use the app cymath.
First one because when you subtract 7 u keep the var. x alone and isolate it.
