Acasa's expected value loss be per customer who chooses plan A
Assumption
Fill customers choose plan A
The average payout is the same for plans A & B
Expected value = net payment in -Net payment out
⇒ 1000% × 700$ - 5% ×[27000$ - 3000$]
⇒ 700$ - 1200$
⇒ -500$
What are a profit and loss?
A profit and loss statement is a record of revenue and expenses incurred by a business in a given period of time. A profit and loss statement is also called a P&L, an income statement, a statement of profit and loss, and income and expense statement, or a statement of financial results.
Learn more about profit and loss
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Answer:
a) Mean = 0.75
b) Standard error = 0.051
c) Yes
Step-by-step explanation:
We are given the following in the question:
Sample size, n = 50
Sample proportion , p = 0.15
a) Mean

b) Standard error

c) Application of central limit theorem
Since the sample size is larger than 30, we cam apply central limit theorem for normal approximation.
Answer:
>20 degrees
Step-by-step explanation:
<span>Cost = Pounds of Sugar X 0.59
C= P X 0.59 </span>
Answer:

Step-by-step explanation:
Given

Required
Determine the solution
Since b is a perfect square, the equation can be expressed as:

Apply difference of two squares:

Split:

Remove brackets:

Make a the subject in both equations

The solution can be represented as:
