Answer:
$475
Step-by-step explanation:
There are 3 possible accident in this question
3% chance of losing $2000
0.1% chance of losing $150,000
96.9% chance of losing $0
Then the expected value that you will lose is:
3%* $2000 + (0.1% * $15000) + (96.9% * $0)= $75
Profit made by subtracting the price with the lose. If the company want average profit $400, the charge should be:
average profit = premium price - average lose
premium price= average profit + average lose
premium price= $400 + $75 = $475
Answer: 32:1
Step-by-step explanation: Every hour she/he does 32 problems, so therefore the ratio is 32:1.
No clue bro I’m sorry no help here
An estimate for the percent equivalent of 7/15 is 46% i think
Answer:
you cannot answer this
Step-by-step explanation:
