Answer:
A
Step-by-step explanation:
A is a geometric sequence with common ratio - 1.
Answer:
Avicenna can expect to lose money from offering these policies. In the long run, they should expect to lose ___33__ dollars on each policy sold
Step-by-step explanation:
Given :
The amount the company Avicenna must pay to the shareholder if the person die before 70 years = $ 26,500
The value of each policy = $497
It is given that there is a 2% chance that people will die before 70 years and 98% chance that people will live till the age 70.
The expected policy to be sold= policy nominal + chances of death
= 497 + [98% (no pay) + 2% (pay)]
= 497 + [98%(0) + 2%(-26500)]
(The negative sign shows that money goes out of the company)
= 497 - 2% (26500)
= 497 - 530
=33
Therefore the company loses 33 dollar on each policy sold in the long run.
Step-by-step explanation:
1 )48
2 )11
answer is this
SOLUTION:
For the marbles, 4 outcomes are possible.
For the cards, 2 outcomes are possible.
For the spinner, 2 outcomes are possible.
Thus, the total outcomes possible are;
Thus there are 16 possible outcomes.
Answer:
can i see a picture to understand it better then step by step it out to you? thank you ~shay
Step-by-step explanation:
