Answer:
4
Step-by-step explanation:
do 320 +320 untill you get to 1,600
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:
i need to see the dots plots below
Step-by-step explanation:
show me the plot
The car costs $7500
7500-3000=4500 to be paid in monthly payments
4500/36=125
Ryan paid 125 per month
