Answer:
about $145.33
Step-by-step explanation:
Consider a group of 15 customers. They will pay ...
15 × $258 = $3870
in premiums each year.
One-third of those, 5 customers, will submit claims for fillings, so will cost the insurance company ...
5 × $110 = $550
And 80% of them, 12 customers, will submit claims for preventive check-ups, so will cost the company ...
12 × $95 = $1140
The net income from these 15 customers will be ...
$3870 -550 -1140 = $2180
Then the average income per customer is this value divided by the 15 customers in the group:
$2180/15 = $145.33
_____
<em>Alternate solution</em>
Above, we chose a number of customers that made 1/3 of them and 4/5 of them be whole numbers. You can also work with one premium and the probability of a claim:
258 - (1/3)·110 - 0.80·95 = 145.33
The answer would be 480 and because you multiply 30 times 12 you will get 360 and then you add that to the money he already has which is 120 so the total amount is 480
Here, 2x + 1 = 3x
3x - 2x = 1
x = 1
In short, Solution would be 1 only.
Hope this helps!
