Last year, 20% of all claims were for weather-related damage (excluding floods), with an average weather-related damage claim be

Question

3 years ago

6

Last year, 20% of all claims were for weather-related damage (excluding floods), with an average weather-related damage claim be

ing $6,500. What is the expected value (loss or gain) per weather-related claim to Acasa for every customer who chooses plan B?
-$1,380

-$180

$100

$1,180

Acasa Insurance Company offers several plans for home insurance.

Plan A has a $700 yearly premium with a $3,000 deductible.
Plan B has a $1,200 yearly premium with a $1,000 deductible.

Mathematics

1 answer:

mylen [45] · Answer 1 · 2022-09-02T15:46:28+03:00

mylen [45]3 years ago

7 0

Answer:

100

Step-by-step explanation:

i got it right on the test !!