Oxnard Petro Ltd. is buying hurricane insurance for its off-coast oil drilling platform. During the next five years, the probability of total loss of only the above-water superstructure ($320 million) is .30, the probability of total loss of the facility ($820 million) is .30, and the probability of no loss is .40. Find the expected loss. (Input the amount as a positive value.) Expected Loss

Expected loss = $342 million.

Step-by-step explanation:

The formula to compute the expected loss is:

Given:

P (Loss)      Amount of loss

0.30            $320 million

0.30            $820 million

0.40            $0

Compute the expected loss as follows:

Thus, the expected loss is $342 million.

i think the answer is a,c,e.

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step-by-step explanation:

2 over 5

step-by-step explanation:

the 2: 3 ratio is the length of the ac segment to the cb segment total length. this implies that the ratio between segment ac length and segment ab length is 2: 5. point c is 2/5 from a to b, so the required fraction is 2/5.