Express your answer as a polynomial in a standard form.
1 answer:
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Answer:
The expected value for the insurance company is $392.20.
Step-by-step explanation:
The expected value of a random variable, <em>X</em> is:
It is provided that a life insurance company sells a $100,000 one year term life insurance policy to a 30-year old male for $475.
The probability that the male survives the year is, P(S) = 0.999172.
Then the probability that the male does not survives the year is:
P (S') = 1 - P (S)
= 1 - 0.999172
P (S') = 0.000828
The amount the company owes the male if he survives is, S = $475.
The amount the company owes the male if he does not survives is,
S' = $475 - $100,000 = -$99525.
Compute the expected value for the insurance company as follows:
Thus, the expected value for the insurance company is $392.20.
Answer:
a) at x=0.5 y=2 and at x=1 y=2 this similarity in values shows that the solution for x is between 0.5 and 1
c) The x solution will be between x=0.0 and x=0.7 .
There is a similarity in values of y at x=0.6, y=2.4 and at x=0.7 , y=2.4
d) For x= (0.6+0.7)/2 = 1.3/2 =0.65
For y= (2.4+2.3)/2 =4.7/2=2.35
Approximate solution is (0.65, 2.35)
We know that the volume of a Cylinder is 
We also know that Pi is 3.14, radius is 3 and Height is 4ft
So we do: 3.14*3*4
and the answer is 37.68
But rounded to the hundredths its 37.69 ft^3
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We also know that Pi is 3.14, radius is 3 and Height is 4ft
So we do: 3.14*3*4
and the answer is 37.68
But rounded to the hundredths its 37.69 ft^3
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