Answer:
-$500
Step-by-step explanation:
The expected value of a payment from the policy is ...
$500,000 × 0.002 = $1000
Since the business pays $1500 for the policy, the expected value to the business is ...
$1000 - 1500 = -$500 . . . per year
_____
Of course, the expected value to the insurance company is $500 per year.
_____
We have computed on the basis of 1 claim per year. If we consider the possibility of multiple independent claims, then the expected payment from the insurance goes up by a factor of 1/(1 -0.002) ≈ 1.002004008016.... This has the effect of increasing the expected value by $2.00 per year to -$498.
Answer: 30ft
Step-by-step explanation:
Answer:
The legs are a and b, the hypotenuse is c
Step-by-step explanation:
The legs of a right triangle are the two smaller sides. The hypotenuse is the longest side it is also always opposite of the 90-degree angle. If you need to find the lengths of sides remember the Pythagorean theorem, .
I encountered this problem before but it had an accompanying image and list of answer choices.
I'll attach the image and include the list of options.
Each unit on the grid stands for one mile. Determine two ways to calculate the distance from Josie's house to Annie's house.
A) Distance Formula and Slope Formula
B) Midpoint Formula and Slope Formula
C) Distance Formula and Midpoint Formula
<span>D) Distance Formula and Pythagorean Theorem
</span>
My answer is: D.) Distance formula and Pythagorean Theorem.
When looking at the image, I can visualize a right triangle. I'll simply get the measure of the long and short legs and solve for the hypotenuse.
Since the distance formula is derived from the Pythagorean theorem, it can be used to determine the distance from Josie's house to Annie's house.
It’s 0,, use PEMDAS you welcome