Mathematics, 17.07.2020 21:01 182075
Let X be the damage incurred (in $) in a certain type of accident during a given year. Possible X values are 0, 1000, 5000, and 10000, with probabilities 0.82, 0.09, 0.07, and 0.02, respectively. A particular company offers three different policies: a $200 deductible with a $800 premium, a $500 deductible with a $700 premium, and a $1000 deductible with a $600 premium. (A $Y deductible means the insurance company pays X - Y for X Y and 0 for X Y.) Compute the expected profit for each policy.
Answers: 2
Mathematics, 21.06.2019 21:30
At the county fair, the baxter family bought 6 hot dogs and 4 juice drinks for $12.90. the farley family bought 3 hot dogs and 4 juice drinks for $8.55. find the price of a hot dog and the price of a juice drink.
Answers: 1
Mathematics, 22.06.2019 00:30
42. if 20 men can eat 200 kg of wheat in 40 days, then 10 men can eat 300 kg of wheat in how many days? a) 120 days b) 60 days c) 80 days d) none of these
Answers: 1
Let X be the damage incurred (in $) in a certain type of accident during a given year. Possible X va...
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