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Mathematics, 26.09.2019 21:30 jennyferalbarracin64
Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.
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Find the expected net profit of an insurance company on a health-insurance policy if: the probabili...
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