Find the expected value. 11) An insurance policy sells for $750. Based on past data, an average of 1 in 80 policyholders will file a
$10,000 claim, an average of 1 in 140 policyholders will file a $20,000 claim, and an average of 1 in
200 policyholders will file a $50,000 claim. What is the expected value to the company per policy
sold?
A) $262
B) $232
$518
D) $258

4 puzzles in 3 hours

step-by-step explanation:

step-by-step explanation:

1. practice, practice & more practice

2. review errors

3. master the key concepts

do not try to memorise the processes.

4. understand your doubts.

5. create a distraction free study environment

6. create a mathematical dictionary

7. apply maths to real world problems.

answer: no

step-by-step explanation:

you are only given the cost not the amount of pounds.