Answer:
D.mode
Step-by-step explanation:
The expected value of this policy to the insurance company is $285.00.
Using this formula
Policy expected value=Insurance policy charges-[(Probability × Claim)+(Probability × Claim)]
Let plug in the formula
Policy expected value=$1,300-{(.0041)($150,000)+(.08)($5,000)]
Policy expected value=$1,300-($615+$$400)
Policy expected value=$1,300-$1,015
Policy expected value=$285.00
Inconclusion the expected value of this policy to the insurance company is $285.00
Learn more here:
brainly.com/question/19819099
Well, to calculate the area, we would simply do length times width and we would get our area.
Area = Length * Width
Area = 12cm * 4cm
Area = 48cm squared.
So, in conclusion, the area is 48 cm squared.
Answer:
Small no. is 15
Larger no. is 15 + 27 = 42
Step-by-step explanation:
Let the small no. be x
Larger no. will be x + 27
5x + x + 27 = 117
6x + 27 = 117
6x = 117-27
x = 90/6
x = 15