subject
Mathematics, 28.02.2020 19:03 zakeiryh

Accident records collected by an automobile insurance company give the following information: The probability that an insured driver has an automobile accident is 0.16; if an accident has occurred, the damage to the vehicle amounts to 25% of its market value with probability 0.9, 70% of its market value with probability 0.13, and a total loss with probability 0.06. What premium (in dollars) should the company charge on a $36,000 car so that the expected gain by the company is zero?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
Bruce is getting materials for a chemistry experiment his teacher gives him a container that has 0.25 liter of liquid in it.bruce need to use 0.4 of this liquid for the experiment. how much liquid will bruce use?
Answers: 3
question
Mathematics, 21.06.2019 18:00
Ray ce is the angle bisector of zacd, which statement about the figure must be true? mzecd-mzecb mzace « 4mzacd zace - zdcb zecd zacd save and exit
Answers: 1
question
Mathematics, 21.06.2019 20:00
Someone answer asap for ! a discount store’s prices are 25% lower than department store prices. the function c(x) = 0.75x can be used to determine the cost c, in dollars, of an item, where x is the department store price, in dollars. if the item has not sold in one month, the discount store takes an additional 20% off the discounted price and an additional $5 off the total purchase. the function d(y) = 0.80y - 5 can be used to find d, the cost, in dollars, of an item that has not been sold for a month, where y is the discount store price, in dollars. create a function d(c(x)) that represents the final price of an item when a costumer buys an item that has been in the discount store for a month. d(c(x)) =
Answers: 1
question
Mathematics, 22.06.2019 03:20
Why is partitioning a directed line segment into a ratio of 1: 3 not the same as finding the length of the directed line segment?
Answers: 1
You know the right answer?
Accident records collected by an automobile insurance company give the following information: The pr...
Questions
question
Biology, 23.10.2019 20:00
Questions on the website: 13722360