Answer:
15% markup
Step-by-step explanation:
5% markup would be $1. Since 20*5% or 20*.05=1
We can multiply it by 3 to find the percent for $3 markup. Which is 15% or 0.15
Answer:
No,it is not poportional.
Step-by-step explanation:
It does not start at 0
Answer:
4.42 is the answer........
Step-by-step explanation:
Im not sure
Answer:
Step-by-step explanation:
for n ∈ N
Since Actuary Rahul examines low-risk policies, continuing until a policy with a claim is found and then stopping.
∴ the probability that Actuary Rahul examines exactly n policies

the probability that Actuary Toby examines more than exactly n policies

Given that policies are actually independent
∴ the probability that the event (1) and (2) happens simultaneously is

∴ the probability that Actuary Rahul examines fewer policies than Actuary Toby

<h3>the probability that Actuary Rahul examines fewer policies than Actuary Toby is 0.2857</h3>
Answer:
slope =( y2 - y1 ) ÷ (x2 - x1)
Step-by-step explanation:
p1 ( -1 , -2)
p2 (4 , 2 )
slope =
