Answer:
The expected value for the insurance company is $200
Step-by-step explanation:
In order to calculate the expected value for the insurance company we would have to make the following calculation:
expected value for the insurance company=expected value live+expected value die
expected value live=Net gain*probability of living
expected value live=$300*0.999=$299.70
expected value die=Net gain*probability of die
expected value die=(-$100,000 + $300)*0.001
expected value die=$-99.70
Therefore, expected value for the insurance company=$299.70-$99.70
expected value for the insurance company=$200
The expected value for the insurance company is $200
Answer:
See below.
Step-by-step explanation:
9+(-4), or 9-4
7+(-2), or 7-3
5+0
They all equal 5.
-hope it helps
They seem to be very descriptive and use lots of examples of nature.
Answer:
c
Step-by-step explanation:
The total number of DVDs that she bough is 6
<h3>Linear equations</h3>
Linear equation are expression that has a leading degree of 1.
Let the price of each DVD be x such that if Grace bought a television for $329 and some DVDs for $5.75 each and spent a total of $363.50, ten;
329 + 5.75x = 363.5
Subtract 329 from both sides
329 + 5.75x - 329 = 363.5 - 329
5.75x = 34.5
x = 34.5/5.75
x = 6
This shows that the total number of DVDs that she bough is 6
Learn more on linear equation here: brainly.com/question/2030026
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