Answer:
Explanation:
The expected value is calculated by using the probability of each event. If the chance of dying is 0.60% then the chance living is 99.40%. The expect value formula is:
∑[(xi)*P(xi)] (for all i events).
In this problem we have two events: live or die. If the person dies the family receives $1,000,000 (X1=$1,000,000) and if the person lives the family receives $0 (X2=$0). The probability of receiving $1,000,000 is 60% (P(x1)=0.006) and the probability of receiving $0 is 99.40% (P(x2)=0.994)
Using the formula the expected value of the policy (without the insurance cost):
$1,000,000* (0.006)+ $0*(0,994)= $6,000
If we subtract the insurance value:
$6,000-$5,500= $500
Decaf coffee is bad for you but not as bad as regular coffee.
D: It is both a short run and long run decision.
Explanation:
Whether its a short run or long run decision, it is determined by when the benefit will accrue to the entity.
Thus employing 5 more workers in the short run is going to help the entity whiles in the long run also they are going to be a developed staff which will benefit the entity in the long run.
#learnwithbrainly
Answer:
The summary of the given topic is explained below throughout the following portion.
Explanation:
- The production phenomenon known might be why the additional expenses you generate that for each unit, are considered as Economies of scale.
- Mostly since the greater optimized production operations you develop, the further optimized they are.
Example:
Because of its scale, perhaps the company could be interested in receiving credit standards.
Answer:
D
Explanation:
I took ape-x classes also lol
