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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

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What is the slope of a line that is perpendicular to the line shown.
sertanlavr [38]

Answer:

3/4

Step-by-step explanation:

First of all, we need to calculate the slope of the line shown. This can be computed as:

m=\frac{\Delta y}{\Delta x}

where

\Delta y = y_2-y_1 is the increment along the y-direction

\Delta x = x_2 - x_1 is the increment along the x-direction

We can choose the following two points to calculate the slope of the line shown:

(-3,2) and (0,-2)

And so, the slope of the line shown is

m=\frac{-2-(2)}{0-(-3)}=-\frac{4}{3}

Two lines are said to be perpendicular if the slope of the first line is the negative reciprocal of the slope of the second line:

m_2 = -\frac{1}{m_1}

Using m_1 = -\frac{4}{3}, we find that a line perpendicular to the line shown should have a slope of

m_2 = -\frac{1}{-4/3}=3/4

5 0
3 years ago
+<br> What is the answer
padilas [110]
The answer is edition
8 0
3 years ago
Show me step by step : 0.18x1.5
rosijanka [135]

Answer:

0.27

Step-by-step explanation:

0.1 8

x 0.50

-----------

000

900

x 1800

-----------

2700 = 0.27

3 0
3 years ago
If the side lengths of a cube are 14 feet, what is the correct way to write the expression to represent the volume of the cube i
Kryger [21]

Answer: Choice A) 14^3

This is the same as writing 14^3

===================================================

Explanation:

Since all the sides are 14 feet long, we can basically say length = width = height = 14.

Or put another way:

  • length = 14
  • width = 14
  • height = 14

The volume of the cube is length*width*height = 14*14*14 = 14^3 = 2744 cubic feet.

-----------

The term 14^3 has a base of 14 and exponent of 3.

The base is what we multiply out while the exponent tells us how many copies of the base to multiply. In this problem, we have 3 copies of 14 being multiplied. So that's why 14^3 = 14*14*14

If you were to say something like 3^14, then you would have 14 copies of 3 multiplied out, which is a much larger value. So we'll cross choice B off the list.

Choice C isn't correct either since again we're using exponents and not multiplication to tie together the 14 and 3.

Choice D would be correct if your teacher wanted it in expanded form, instead of exponent form.

6 0
3 years ago
Suppose in the population, the Anger-Out score for men is two points higher than it is for women. The population variances for m
tatuchka [14]

Answer:

a)= 2

b) 6.324

c) P= 0.1217

Step-by-step explanation:

a) The mean of the sampling distribution of X`1- X`2 denoted by ux`-x` = u1-u2 is equal to the difference between population means i.e = 2 ( given in the question)

b) The standard deviation of the sampling distribution of X`1- X`2 ( standard error of X`1- X`2) denoted by σ_X`1- X`2 is given by

σ_X`1- X`2 = √σ²/n1 +σ²/n2

Var ( X`1- X`2) = Var X`1 + Var X`2 =  σ²/n1 +σ²/n2

so

σ_X`1- X`2 =√20 +20 = 6.324

if the populations are normal the sampling distribution X`1- X`2 , regardless of sample sizes , will be normal with mean u1-u2 and variance σ²/n1 +σ²/n2.

Where as Z is normally distributed with mean zero and unit variance.

If we take X`1- X`2= 0 and u1-u2= 2  and standard deviation of the sampling distribution = 6.324 then

Z= 0-2/ 6.342= -0.31625

P(-0.31625<z<0)= 0.1217

The probability would be 0.1217

8 0
2 years ago
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