Mathematics, 28.11.2019 19:31 prohrer589
It is estimated that there are 26 deaths for every 10 million people who use airplanes. a company that sells flight insurance provides $100,000 in case of death in a plane crash. a policy can be purchased for $1. calculate the expected value and thereby determine how much the insurance company can make over the long run for each policy that it sells.
Answers: 3
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It is estimated that there are 26 deaths for every 10 million people who use airplanes. a company th...
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