Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
As we do not know the other cars avg speed we can not tell the answer. Please repeat the question.
Answer:
z+5 z+2 Z i think
Step-by-step explanation:
the lenght is longer to shorter
Answer: See each part below.
1) A, B, and C are the coefficients in order when it equals 0. Move over the 4 and you have 5, 9, -4 or Choice B.
3) If you graph the equation, it will be above the x-axis. Therefore, it has no roots. Choice D
4) Choice A is correct. Use the coefficients: A = 4, B = 3, C = -10. Simply plug those into the quadratic equation and you will get -2 and 1.25.
