Answer:
35.35%
Step-by-step explanation:
If there were no deductibles, the expected claim payment would be:

If the collision insurance claim is under $2,000, then the insurer would not pay anything, but if X > $2,000, then the insurer would pay X - $2,000. The new expected value is:

The percentage reduction on the claim payment is:

There was a 35.35% reduction.
Hello there, I am unable to use the “less than” symbol. Sorry :( .
1/5x "less than" 8
x “Less than” 40
Prime number is 37,41.
Therefore x is 37.
Answer:
try the answer D
Step-by-step explanation: