Step-by-step explanation:
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0.416666666666666666666
Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer:
f(0.1) = 
Step-by-step explanation:
Plug x = 0.1.
Therefore f(0.1) = ln (log (0.1)).
0.1 = 10^(-1), and by the definition of log, log 0.1 = -1.
Now f(0.1) = ln (-1).
By Euler's identity, e^(i pi) = -1.
So ln (-1) would be i pi.
f(0.1) = 