The following table shows claim amounts and their probabilities for an insurance company that offers homeowners’ insurance polic
ies. Calculate the expected claim amount. That is, on average, how much will the insurance company have to pay in claims per policy holder?
$2250
$5000
$7500
$3250
$2250
$5000
$7500
$3250
1 answer:
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The problem is modelled as right angle triangle, shown in the diagram below
The distance between the pilot and the house is labelled as
Using the trigonometry ratio of sine
The distance between the pilot and the house is labelled as
Using the trigonometry ratio of sine