Mathematics, 15.06.2020 02:57 cindy9330
Suppose a company charges an annual premium of $110 for an insurance policy for minor injuries. Actuarial studies show that in case of an injury claim, the company will pay out an average of $900 for outpatient care and an average of $3000 for an overnight stay in the hospital. They also determine that, on average, each year there are five claims made that result in outpatient care for every 1000 policies and three claims made that result in an overnight stay out of every 1000 policies. What is the expected annual profit of an insurance policy for the company?
Answers: 3
Mathematics, 21.06.2019 17:30
Find and simplify an expression for the area of five rows of x squares with side lengths of x centimeters.
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Mathematics, 21.06.2019 21:00
Val and tony get paid per project. val is paid a project fee of $44 plus $12 per hour. tony is paid a project fee of $35 plus $15 per hour. write an expression to represent how much a company will pay to hire both to work the same number of hours on a project.
Answers: 1
Mathematics, 21.06.2019 22:00
If the altitude is drawn to the hypotenuse of a right triangle, then the two triangles formed are similar to the original triangle and to each other. which set of triangles shows the similar triangles created by the altitude in the diagram?
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Mathematics, 22.06.2019 00:00
Abowl contained 270 starbursts of all different colors. if the probability of picking a yellow is 1/9, then how many yellow starbursts are in the bowl ? ?
Answers: 1
Suppose a company charges an annual premium of $110 for an insurance policy for minor injuries. Actu...
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