In order to join the Medicare Advantage plan, she also must enroll in part B to allow joining the plan.
<h3>What is a medicare?</h3>
This is a public program that provides a health insurance to individuals that are aged 65 and over or with a disabilities.
Hence, she also must enroll in part B in order to join the Medicare Advantage plan.
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Alliteration
Explanation:
Alliteration is the repetition of a consonant. So in the sentence the letter “b” is being repeated.
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The premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
First step is to calculated the expected amount to pay
Expected amount=Total loss +50% loss+25% loss
Expected amount=$200,000(0.002)(1)+$200,000(0.01)(0.5)+$200,000(0.1)(0.25)
Expected amount=$400+$1,000+$5,000
Expected amount=$6,400
Second step is to calculate the premium
Premium=Expected amount+ Average profit
Premium=$6,400+$500
Premium=$6,900
Inconclusion the premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
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The true statement about the causation between the variables it is a weak negative correlation, and it is not likely causal.
<h3>What is causation between the variables?</h3>
The causation between the variables shows that the occurrence of one event causes the occurrence of the other.
The informal relationship between two events.
Thus, the correct option is A, it is a weak negative correlation, and it is not likely causal.
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