Suppose a Dutch oven is sold and during its first year of use the lid will need to be replaced, this happens with probability 0.07 and replacement cost is $175; the pot itself will need to be replaced with probability 0.02 and the cost is $446. If a company wants to sell a one-year insurance policy to the customer and would like to set the price of the policy $20 above the expected replacement cost, what should be the price of the policy? Round answer to a whole number.

Consider a bag that contains 220 coins of which 6 are rare indian pennies. for the given pair of events a and b, complete parts (a) and (b) below. a: when one of the 220 coins is randomly selected, it is one of the 6 indian pennies. b: when another one of the 220 coins is randomly selected (with replacement), it is also one of the 6 indian pennies. a. determine whether events a and b are independent or dependent. b. find p(a and b), the probability that events a and b both occur.