Summer, so you'd be able to save money and also plan everything, such as where you'd stay and how long you'd stay there. etc.
Answer:Expected value = - 94661.45
Explanation:
The Policy pay out is $95000 ,if a client is in life threatening accident insurance company will loose $95000, if the client is not in a life threatening accident the insurance company will gain $250
Probability (Client is in a threatening accident) = 0.999063
Probability (not in a life threatening accident)= 1 - 0.999063 = 0000937
Insurance Premium = $250
Insurance Payout = $95000
expected value = 0.999063 x (- (95000 - 250)) + 0.000937 x (250)
expected value = 0.999063 x (-94750) + 0.000937 x (250)
expected value = - 94661.21925 + 0.23425 = - 94661.44675
expected value = - 94661.45
Durable and Nondurable goods are included in the Gross Domestic Product calculation of consumption.
Consumption expenditure refers to expenditure incurred by means of households on the buying of all varieties of purchaser goods, i.e durable goods like food merchandise and nondurable items like motors.
The manufacturing of durable items is a part of a country's Gross Domestic Product. As reported within the Survey of present-day business with the aid of the Bureau of monetary evaluation and also within the annual report of the Council of Economic Advisers, long-lasting items which can be sold to purchasers appear underneath non-public intake fees.
Consumer nondurable goods are purchased for fast or nearly instant intake and feature a lifestyles span starting from mins to a few years. common examples of those are meals, liquids, garb, footwear, and gas.
Learn more about Gross Domestic Product here brainly.com/question/1383956
#SPJ4
Answer: $32,667
Explanation:
The truck's useful life is 3 years because it is 2007 to 2010.
Depreciation = (Cost - Salvage value) / Useful life
= (110,000 - 12,000) / 3
= $32,667 per year
sales activity variance
The difference between a product's actual and budgeted sales volumes is multiplied by the normal profits, contributions, or revenue per unit to get the product's sales volume variance. The metric is a way to measure sales success based on the cost of meeting or not meeting your forecasted sales.
Sales volume variance is the difference between what an organization expects to sell and what it actually sells, which causes a variation in profits or contributions margins. On the basis of the normal mix of goods and services, we determine the SQV for a set period of time.
To know more about sales activity variance refer to brainly.com/question/4127264
#SPJ4
