Answer:
The expectation of the policy until the person reaches 61 is of -$4.
Step-by-step explanation:
We have these following probabilities:
0.954 probability of a loss of $50.
1 - 0.954 = 0.046 probability of "earning" 1000 - 50 = $950.
Find the expectation of the policy until the person reaches 61.
Each outcome multiplied by it's probability, so:
The expectation of the policy until the person reaches 61 is of -$4.
Answer:
1A) Degree: 3
1B) 4 terms
1C)
2A)
2B)
Step-by-step explanation:
The given polynomial is
Let us rewrite the polynomial in decreasing powers of x.
This gives us the expression;
-----> This is called the standard form.
So let us answer the question:
A) The degree is the exponent of the first term when the polynomial is written in standard form.
Degree: 3
B) The terms are separated by + or - signs.
Number of terms: 4
C) Standard form:
2A) The given expression is
We expand using the distributive property to get:
We regroup the terms to get:
We simplify to obtain:
2B) The given expression is
Regroup the terms to get:
We simplify to get: