The average change is 33 stock price per day
8•13=104
7•13=91
6•13=78
104+91+78=273
It's a proportion.
2 is to x as 15 is to 9, or 2/x = 15/9.
Multiply the means and extremes
15x = 18
divide both sides by 15 to get x by itself.
x = 1.2
This is equivalent to:
(2.2533/2.59)(10^8/10^4)
(0.87)(10^4) which is:
0.87X10^4 which is equal to:
0.87X10000 which is equal to:
8.7X1000 and since 1000=10^3 we can say:
8.7X10^3
Answer:
The insurance company can make $0.78 for each policy that it sells
Step-by-step explanation:
The loss incurred to the insurance company for each death claim is:

This event has a 22 in 10 million probability of happening.
The gain for the company for each policy not claimed is:

This event has a 9,999,978 in 10 million probability of happening.
The expected value is:

Therefore, over the long run, the insurance company can make $0.78 for each policy that it sells.