1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Romashka-Z-Leto [24]
2 years ago
14

A small business wants to meet the minimum medical loss ratio required. If projections show that the business will pay out an av

erage of $8,900 per policy holder in health care claims, what is the minimum average premium they should charge per policy holder?
Mathematics
1 answer:
timama [110]2 years ago
5 0

Answer:

$7120 or $7565 is the minimum average premium they should charge per policy holder

Step-by-step explanation:

Small business can charge 80-85% of the total value of the policy as premium.

In this case the spending per policy holder is $8900

Hence, per policy holder has to pay a premium of

80-85% of $8900

$7120 or $7565 is the minimum average premium they should charge per policy holder

You might be interested in
Please help due tomorrow
andrew11 [14]
Hmm, let me think and I'll answer it.
3 0
3 years ago
Read 2 more answers
Genevieve bought ten bundles of ten tulips at the flower market.
Crank
4) because 10 x 10 is 100
4 0
3 years ago
The heights of a group of sixth graders' are summarized below. If another sixth grader were to be measured, what would be a good
olga nikolaevna [1]

Using the mean, median and mode we can assume that a good prediction for her height would be 55 inches.

In the given data ,

Range of the data is 10. So all the values are between 50 and 60.

mode of the data is 57 , and the mean is 55 and the median is 55

Therefore a random 6th grader can have any value between 50 and 60 since it is the range.

Now the mean and median of the function will be closest to a random value.

Hence of all the options 55 is the most efficient explanation of the central tendency of the dataset .

When the probability density function contains a large number of local maxima, the edge points of a continuous distribution are frequently referred to as the distribution's modes.

Any x value that causes the density function probability of a variate to reach a locally maximum value is often thought of as a mode, making any peak a mode.

The median is the value that divides the top and bottom halves of a large dataset, a demographic, or a probability distribution in statistics and probability theory.

Hence of all the options 55 is the most efficient explanation of the central tendency of the dataset .

To learn more about mode visit:

brainly.com/question/300591

#SPJ9

3 0
1 year ago
Help me with this math problem please:):)
MAXImum [283]
I believe it is 15 I am using trigonometry but I’m not 100% sure
3 0
3 years ago
If all squares are rectangles, and if all rectangles are parallelograms, then all squares are parallelograms. Which law of prope
xxMikexx [17]

Symmetric property, I remembered the answer for this for my summer school. This is one of the equivalence properties of equality.

7 0
3 years ago
Other questions:
  • What is the cost of 1 Apple and of 3 apples?
    6·1 answer
  • What is the correct answer to 14-8=2+
    9·1 answer
  • When x=8 y=20 find y when x=42
    11·1 answer
  • what is the surface area of a triangular prism with a length of 8 base of 4 height of 6 and side length of 6.3
    14·1 answer
  • Write a problem that can be solved by<br> dividing 9/10 by 1/4
    15·1 answer
  • you buy a bag of dog food for $12.59 and a bottle of dog shampoo for $4.75. How much more did the dog food cost than the shampoo
    14·1 answer
  • If you open an account that compounds quarterly in 2020. In what year will it double the starting amount if it has an APR of 3.2
    15·1 answer
  • Need help !! Slove for c
    9·1 answer
  • Hello. Someone help me solve all these. Will mark as brainliest. Thanks
    12·1 answer
  • Determine a series of transformations that would map polygon ABCDE onto polygon A’B’C’D’E’?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!