Need help with 5 and 6 will give branliest to the first to answer
2 answers:
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Answer:
The insurance company can expect to make $900 on the policy
Step-by-step explanation:
The given parameters are;
The amount Ted pays per year for insurance on his home = $1,400
The value of the insurance policy = $5000
The chance that Ted will make a claim on the policy = 10%
The expected value is given as follows
Incidence Probability Value v × p
A claim is made 0.1 $5,000 - $1,400 = -$3,600 -$360
No claim 0.9
$1,400 $1260
Expected value is $1,260 - $360 = $900
The value the insurance company can be expected to make on average on the policy is $900
Statements are all TRUE
sinA = and cosB =
cscA = 1/sinA = 1/(a/c) = and secB = 1/cosB = 1/(a/c) =
tanA = and cotB= 1/tanB = 1/ (b/a) =