The equation can be used to determine t, the weight of the textbooks is t = 0.7w
Given:
let
Total weight = w
Weight of notebook = n
Weight of backpack = b
Weight of textbook = t
w = n + b + t
where
n = 4 pounds
b = 2 pounds
t = 0.7w
So
w = 4 + 2 + 0.7w
w - 0.7w = 4 + 2
0.3w = 6
w = 6/0.3
w = 20
Recall,
t = 0.7w
= 0.7(20)
= 14 pounds
Therefore, the weight of the textbook is 14 pounds
Learn more about equation:
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Answer:
a) Expected Value of Claims = $32,000
b) Average premium per claim, in order to break-even on claim costs
= $5,333.33
c) To make a profit of $60 per policy (i.e. a total profit of $360 ($60 x 6), it must charge:
= $5,393.33 per policy
Step-by-step explanation:
a) Data and Calculations:
Amount of Claim Probability Expected Value
$0 0.60 $0
$50,000 0.25 $12,500
$100,000 0.09 9,000
$150,000 0.04 6,000
$200,000 0.01 2,000
$250,000 0.01 2,500
Expected Cost of claims = $32,000
b) Average premium per claim, in order to break-even on claim costs
= Total Claim cost divided by number of policies
= $32,000/6 = $5,333.33
c) To make a profit of $60 per policy (i.e. a total profit of $360 ($60 x 6), it must charge:
Total Claim cost + Total profit / 6 or Average Premium plus Profit per policy =
= ($32,000 + $360)/6 or $5,333.33 + $60
= $32,360/6 or $5,393.33
= $5,393.33
Answer:
=2977
Step-by-step explanation:
-2317 - (-5294)
-2317 + 5294
2977
Answer:
See attachment.
Step-by-step explanation:
We want to graph the linear inequality y<2
We first of all graph the corresponding linear equation y=2 with a dashed line because all points on this line do not satisfy the inequality.
We then shade below the line y=2, to show that all points below the boundary line are solution to the inequality y<2
