Acar insurance company has 2500 policy holders. the expected claim paid to a policy holder during a year is $1000 with a standard deviation of $900. what premium should the company charge to each policy holder to assure that, approximately, with probability 0.999, the premium income will cover the cost of the claims? use the central limit theorem to answer this question. you can use that φp3.0903q 0.999, where φ denotes the cdf of the standard normal distribution.

46.2+112.3

step-by-step explanation:

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step-by-step explanation:

step-by-step explanation:

i think something is missing in your question because y-1=(x-12) would not pass through the point (-4,-3). because if you replace x by -4 your are supposed to find y=-3 which is not the case her. if you replace x by -4 you find =-15.

i assume the right equation is y-1=1/4*(x-12) because this one is passing through both your points (if you are interested to know how i found that out i can tell you).

in this equation if i replace x by -4 i find y=-3 and if i replace x by 12, i find y=1 so the line representing this equation is passing through those 2 points.

then the standard form of the equation is finding an expression of y in function of x

y-1=1/4*(x-12)

y=x/4-3+1

y=x/4-2

hope that .

do you confirm there was a mistake in the question?