Answer:
The expected value for the insurance company is $200
Step-by-step explanation:
In order to calculate the expected value for the insurance company we would have to make the following calculation:
expected value for the insurance company=expected value live+expected value die
expected value live=Net gain*probability of living
expected value live=$300*0.999=$299.70
expected value die=Net gain*probability of die
expected value die=(-$100,000 + $300)*0.001
expected value die=$-99.70
Therefore, expected value for the insurance company=$299.70-$99.70
expected value for the insurance company=$200
The expected value for the insurance company is $200
Answer: 
Step-by-step explanation:
Answer:
Hello! answer: y = 122
Step-by-step explanation:
360 - 116 = 244 244 ÷ 2 = 122 therefore y = 122
Hope that helps!
Answer:
1%
Step-by-step explanation:
S.P of each radio=$ 2288
Total S.P=
$4576
Gain=10%
Lose=10%
C.P=
C.P=
By using the formula
C.P of one radio=
$2080
C.P of another radio=
=$2542.2
Total C.P of two radios=2080+2542.2=$4622.2
Total C.P >Total S.P
Loss=S.P-C.P
Loss=4622.2-4576=$46.2
Loss%=
Loss %=
1%
Hence, his loss 1%
The graph of the exponential function f(x) = 5(2)ˣ is as shown in the attached file.
<h3>How to draw the graph of an exponential Function?</h3>
We want to draw the graph of the exponential function;
f(x) = 5(2)ˣ
At input of x = 0, we have;
f(x) = 5(2)⁰ = 5
At input of x = 1, we have;
f(x) = 5(2)¹ = 10
At x = -1, we have;
f(x) = 5(2)⁻¹ = 2.5
At x = -2, we have;
f(x) = 5(2)⁻² = 1.25
Read more about Graph of Exponential Function at; brainly.com/question/12940982
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