The expected value of this policy to the insurance company is $285.00.
Using this formula
Policy expected value=Insurance policy charges-[(Probability × Claim)+(Probability × Claim)]
Let plug in the formula
Policy expected value=$1,300-{(.0041)($150,000)+(.08)($5,000)]
Policy expected value=$1,300-($615+$$400)
Policy expected value=$1,300-$1,015
Policy expected value=$285.00
Inconclusion the expected value of this policy to the insurance company is $285.00
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Answer:
- 8° per hour
Step-by-step explanation:
Given that:
Station A = - 6°
Station B = 2°
Rate of temperature change = x° / hour ; which is the same at both stations
Temperature at station A 3 hours after the recording is the same as the temperature in station B 4 hours after the recording ;
Temperature change in Station A:
-6 + 3x
Temperature change in station B:
2 + 4x
Temperature change in A = temperature change in B
-6 + 3x = 2 + 4x
Collect like terms
3x - 4x = 2 + 6
- x = 8
x = - 8
Hence, the rate of temperature change x in both stations is - 8° per hour
Answer:
B) Median
C)he median is between 80 and 90.
D) The mean test score will increase by 2.
Step-by-step explanation:
Answer:
y>=1*x+2
Step-by-step explanation:
y>=k*x+n
we know that 2=k+n and 0=-2k+n
so 4=2k+n and 0=-2k+n
now 4=2n so n=2
now k=1
so y>=1*x+2
Answer:
please answer properly friends and only answer for the following pairs are
