1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivenika [448]
3 years ago
7

Assume that the probability of a driver getting into an accident is 6%, the average cost of an accident is $16,586.05, and the o

verhead cost for an insurance company per insured driver is $100. What should be this driver's insurance premium?
A. $1276.27
B. $1095.16
C. $1156.43
D. $1166.91
Mathematics
1 answer:
OLEGan [10]3 years ago
3 0
If p = 0.06 represents the probability that a customer will suffer an accident, and each accident costs the insurance company an average of $ 16,586.05.   Then, the expected value of the cost that the insurance company must pay for each driver is:
 $ 16,586.05 * 0.06 = 995,163. This plus the general cost of an insurance company per insured driver that is $ 100 gives a total of $ 1095,163. The answer is option B. The insurance company must request a premium of $ 1095.16
You might be interested in
The Class Earned $3 A Day For One Week For Their School Trip. How Much Money Did They Have By The End Of The Week?
zzz [600]
$21 because 3$x$7(numbers of days in a week)is $21. I hope this helps :)
6 0
2 years ago
A blue die and a red die are rolled. how many outcomes have neither die showing 2?
Katen [24]

The outcomes with neither die showing 2 is 25

<h3>How to determine the outcomes with neither die showing 2?</h3>

The sample sizes of the dice are given as:

Blue die = 6

Red die = 6

The outcomes with neither die showing 2 is

Outcomes = Red die * blue die - (blue die + red die) + 1

So, we have:

Outcomes = 6 * 6 - (6 + 6) + 1

Evaluate

Outcomes = 25

Hence, the outcomes with neither die showing 2 is 25

Read more about dice at:

brainly.com/question/13632618

#SPJ1

3 0
1 year ago
I dont get this one someone help me
worty [1.4K]
You have to set up a ratio and solve
5 0
3 years ago
Line L passes through the points (-7,-1) and (-7, 3). Which of the following lines is neither parallel nor perpendicular to line
vaieri [72.5K]

Answer:

(4562252, -5611)

Step-by-step explanation:

4 0
3 years ago
A certain bacteria population increases continuously at a rate proportional to its current number. The initial population of the
luda_lava [24]

Answer: C

Step-by-step explanation:

This describes an expotential function

At t = 0, P = 70

Therefore, C = 70

P = 70 e^kt

Solve for k by plugging in (4,360)

k = 0.4094

plug in t(7 hours)

70 e^(0.4094*7)

The answer roughly equals C

3 0
3 years ago
Read 2 more answers
Other questions:
  • WILL GIVE BRAINLIEST IF UR RIGHT!! PLEASE HELP!!
    6·1 answer
  • What is the solution of the system? use substitution. 5x - y =3 6x - y=8
    10·1 answer
  • Is 8456 mL greater than 9L
    11·2 answers
  • For every 11 litres of petrol a car can run for 50 km.
    8·2 answers
  • Helps hurry I’ll make you brainlist
    9·1 answer
  • Two equations are given below:
    15·2 answers
  • Solve 2/3x&gt;8 or 2/3x&lt;4
    9·1 answer
  • 6.) You are standing 50 meters from a hot air balloon that is
    13·1 answer
  • If sin x=3/4,then cos x
    13·1 answer
  • Can someone help me please will give brainlist
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!