An insurance policy sells for $600. Based on past data, an average of 1 in 50 policyholders will file a $5,000 claim, and average of 1 in 100 policyholders will file a $10,000 claim, and an average of 1 in 200 policyholders will file a $30,000 claim. What is the expected value per policy sold?

Answers

Answer 1

Answer:

$250

Step-by-step explanation:

Calculation to determine the expected value per policy sold

Expected value​ per policy sold =$600-(1/50)*$5,000-(1/100)*$10,000-(1/200)*$30,000

Expected value​ per policy sold =$600-$100-$100-$150

Expected value​ per policy sold =$250

Therefore the expected value per policy sold will be $250


Related Questions




Find the eigenvalues and eigenvectors for the state equation -2 11 x + 4 Show all working. * = 1 [d]u

Answers

The eigenvalue of the state equation is -2 and the corresponding eigenvector is [0].

To obtain the eigenvalues and eigenvectors of the given state equation, we need to solve the characteristic equation.

The state equation is represented as follows:

[d/dt]x = -2x + 11u

y = 4x

To obtain the eigenvalues λ, we set up the characteristic equation:

|A - λI| = 0

Where A is the coefficient matrix, λ is the eigenvalue, and I is the identity matrix.

The coefficient matrix A is:

A = -2

The identity matrix I is:

I = 1

Substituting these values into the characteristic equation, we have:

|-2 - λ| = 0

Simplifying the equation, we get:

-2 - λ = 0

Solving for λ, we find:

λ = -2

So, the eigenvalue of the state equation is -2.

To obtain the eigenvector, we substitute the eigenvalue back into the equation (A - λI)x = 0.

For λ = -2, we have:

(-2 - (-2))x = 0

-2x = 0

Solving for x, we find:

x = 0

Therefore, the eigenvector corresponding to the eigenvalue -2 is [0].

To know more about eigenvalue refer here:

https://brainly.com/question/32575123#

#SPJ11

I am the number that is 40 less than the largest number u can make using five of the digits what number am I


Only can use 1 8 3 4 9 6 2 7 I think

Answers

Answer:

9 876 391

Step-by-step explanation:

arrange the numbers in ascending order

9 876 391

subtract 40 from the number

9876431 - 40

9 876 391

here is the question PLEASE HELP!!!!!

Answers

Reeeeeeeeeeeeeeeeeee said

Answer:

What is the question?

I can't see any question.

Find the area of this parallelogram.
A)
20 cm2
B)
24 cm²
40 cm²

Answers

Answer:

It's 40cm²

Step-by-step explanation:

Base times height.

The answer is :
A) 20cm



Consider the function y = 4x + 5 between the limits of z = 1 and 2 = 5. a) Find the arclength L of this curve: L= Round your answer to 3 significant figures. b) Find the area of the surface of revolution, A, that is obtained when the curve is rotated by 2 radians about the a-axis. Do not include the surface areas of the disks that are formed at z = 1 and a = 5. A Round your answer to 3 significant figures.

Answers

Answer: 84π √(17) (rounded to 3 significant figures)

a) To find the arc length of the given curve we need to first evaluate the derivative of y w.r.t. x:dy/dx = 4. The arclength of the curve is given by L = ∫√(1+(dy/dx)^2) dx The value of dy/dx is already given and hence we can substitute the value and integrate .L = ∫√(1+(4)^2) dx = ∫√(17) dx Between the limits z = 1 and 2, x varies from 9 to 13. We need to substitute these values in the integral. L = ∫√(17) dx = √(17) * [x]9^13= √(17) * [13 - 9]= 4 √(17)Answer: 4√17 (rounded to 3 significant figures)

b) The area of the surface of revolution, A, that is obtained when the curve is rotated by 2 radians about the a-axis is given by:A = ∫2π * y √(1+(dy/dx)^2) dx We know that dy/dx = 4 and the value of y is given by 4x+5.A = ∫2π * (4x+5) √(1+(4)^2) dx= ∫2π * (4x+5) √(17) dx Between the limits z = 1 and 2, x varies from 9 to 13. We need to substitute these values in the integral. A = ∫2π * (4x+5) √(17) dx = 2π * √(17) * ∫(4x+5) dx= 2π * √(17) * [2x^2/2 + 5x]9^13= 2π * √(17) * [(26 + 60) - (18 + 20)]= 84π √(17)

Know more about integral here:

https://brainly.com/question/31433890

#SPJ11

Using a ruler and a pair of compasses, construct a right-angled triangle with a base of 5 cm and a hypotenuse of 11 cm. You must show all of your construction lines. Measure the angle opposite the base to the nearest degree.​

Answers

A right-angled Triangle with a base of 5 cm and a hypotenuse of 11 cm. Measure the angle opposite the base using a protractor to obtain the nearest degree measurement.

To construct a right-angled triangle with a base of 5 cm and a hypotenuse of 11 cm, follow these steps:

1. Start by drawing a straight line using a ruler. This will serve as the base of the triangle. Label the endpoints as A and B.

2. Use a compass to draw a circle with a radius of 11 cm, centered at point A. This circle will intersect the base at point C and define the hypotenuse of the triangle.

3. With the compass still set to the radius of 11 cm, draw another circle centered at point C. This circle will intersect the first circle at point D.

4. Connect points B and D with a straight line segment. This line will be perpendicular to the base AB and will form the height of the triangle.

5. Measure the length of the line segment BD using a ruler. If it measures 5 cm, then you have successfully constructed a right-angled triangle with the given dimensions.

6. To find the angle opposite the base, use a protractor to measure the angle at point B. Place the center of the protractor at point B and align the base line AB with the zero-degree mark. Read the angle measurement at the intersection of the protractor and the line segment BD. Round the measurement to the nearest degree.

The angle opposite the base can vary depending on the accuracy of the construction. Measure the angle using the protractor and record the nearest degree measurement.

When performing geometric constructions and providing measurements, it is important to ensure academic integrity and avoid plagiarism. Plagiarism involves using someone else's work or ideas without proper attribution. To maintain originality, it is necessary to express the information in your own words and provide accurate measurements based on the construction process.

In conclusion, by following the steps  construct a right-angled triangle with a base of 5 cm and a hypotenuse of 11 cm. Measure the angle opposite the base using a protractor to obtain the nearest degree measurement.

To know more about Triangle .

https://brainly.com/question/2217700

#SPJ8

Use animation function in Matlab to visualize the
standing wave that is written as
(, ) = sin(z) sin (2),
Note: you can assume reasonable values for �

Answers

The animation function in Matlab can be used to visualize the standing wave that is written as(, ) = sin(z) sin (2). Here are the steps to do it:

Step 1: Define the values of x, y, and z coordinates. Let's say we assume the values of x, y, and z coordinates as follows:x = 0:0.01:1;y = 0:0.01:1;z = 0:pi/100:pi;

Step 2: Use meshgrid to create a grid of coordinates from the x, y, and z vectors. This creates a matrix of coordinates that can be used in the sin function. [X,Y,Z] = meshgrid(x,y,z);

Step 3: Use the sin function to calculate the values of the standing wave at each point in the grid. s = sin(Z).*sin(2*X);

Step 4: Use the animation function to visualize the standing wave as it oscillates. Here is the code for this:for i = 1:size(s,3) surf(s(:,:,i)) view(2) shading interp axis tight caxis([-1 1]) drawnow end

The animation function displays the standing wave as it oscillates in the z direction. The surf function is used to create a surface plot of the wave at each time step. The view function sets the camera view to 2D, and the shading interp function interpolates the colors between the vertices of the surface plot. The axis tight function sets the limits of the x, y, and z axis to the range of the data.

The caxis function sets the color scale to -1 to 1, which corresponds to the range of the sin function. The drawnow function updates the plot at each time step.

Know more about animation function:

https://brainly.com/question/2758983

#SPJ11

The probability distribution of a game is shown in the table. Find the expected number of points won per play. Round to the nearest tenth if needed.

a) 5.7 b) 4.5 c) 4.7 d) 5

Answers

Answer:

4.5

Step-by-step explanation:

I just did this lesson and i just guessed, but i got it wrong and it said the answer was 4.5. basically, you multiply the fractions and the number value first,(like 1/6 X 0) and you do that to all of them. and then you add up all your answers, simplify them and put it in decimal form. and you get 4.5. hopefully that made enough sense.

If you add Natalie's age and Fred's age, the result is 42. If you add Fred's age to 3 times
Natalie's age, the result is 70. Write and solve a system of equations to find how old Fred and
Natalie are.

Answers

Answer:

N+F=42 & F+3N=70 System Solved: Natalie is 14 and Fred is 28

Step-by-step explanation:

Using variables N=natalies age and F=Freds age

N+F=42 ----> N=42-F (take this and plug it into the other equation)

F+3N=70 so F+3(42-F)=70 [simplify] F+126-3F=70 [further simplify]

-2F=-56 [divide -56 by -2] F=28 [then plug this number into the orig. equation]

So N+28=42 or N=14.


1. What is the diameter of a circle with radius of 7 inches?

Answers

Answer:

14 because the radius is half the diameter

Step-by-step explanation:

Answer:

The answer should be D=14in


7
not using theorem in book. prove statement:
Let n be an integer. If a and b are integers such that a is
divisible by n and b is divisible by a, then a − b is divisible by
n

Answers

To prove the statement, let's assume that a and b are integers such that a is divisible by n and b is divisible by a.

Since a is divisible by n, we can write a = kn for some integer k.

Similarly, since b is divisible by a, we can write b = am for some integer m.Now, let's find the difference a - b:

a - b = kn - am

Factoring out common terms, we get:

a - b = n(k - m)

Since k and m are integers, their difference (k - m) is also an integer.

Therefore, we have expressed a - b as the product of n and an integer (k - m), which means that a - b is divisible by n.

Hence, we have proved that if a and b are integers such that a is divisible by n and b is divisible by a, then a - b is divisible by n, without using any specific theorem from a book.

Learn more about divisibility here:

https://brainly.com/question/9462805

#SPJ11

Fitting a straight line to a set of data yields the following prediction line.

Y_i = 14 - 0.2X_i I

nterpret the meaning of the Y-intercept, b_0.

Answers

The Y-intercept (b_0 = 14) represents the predicted value of Y when X is zero.

In the given prediction line equation, Y_i = 14 - 0.2X_i, the Y-intercept is represented by the term '14', which is the coefficient of the constant term.

The Y-intercept, denoted as b_0, represents the predicted value of the dependent variable (Y) when the independent variable (X) is equal to zero. In this case, when X is zero, the equation becomes:

Y_i = 14 - 0.2(0) = 14

Therefore, the Y-intercept (b_0 = 14) represents the predicted value of Y when X is zero. It is the point where the prediction line intersects the Y-axis. In practical terms, it means that when the independent variable has no effect or has a value of zero, the predicted value of the dependent variable is 14.

Know more about the Y-intercept click here:

https://brainly.com/question/14180189

#SPJ11

I just need the answer

Question: what’s the volume?

Answers

The volume is 68 in^3

rounded to the thousands place :) thank you!!

5e^3x – 4 = 31

Answers

Step-by-step explanation:

Add 4 to both sides: 5e^3x = 35, or

Assuming the profit of one airport is regulated by a rate-of-return (ROR) based regulation, the allowed ROR is 2%. The estimated airport asset that can be used as base in 2020 is about $100 million. Then, the maximum profit the airport can collect is _____.

Answers

Assuming the profit of one airport is regulated by a rate-of-return (ROR) based regulation of 2% and the estimated airport asset for 2020 is about $100 million, the maximum profit the airport can generate is $2 million.

How the maximum profit is computed:

The maximum profit of the airport is a function of the multiplication of the estimated asset and the allowed maximum rate of return.

The rate of return is the percentage of total returns expressed as a quotient of the total assets multiplied by 100.

The allowed maximum rate of return = 2%

Estimated asset of the airport for 2020 = $100 million

The maximum profit = $2 million ($100 million x 2%)

Thus, the airport's maximum profit for 2020 is $2 million.

Learn more about the rate of return at https://brainly.com/question/1789817.

#SPJ4

please answer asap
i will mark brainliest
Which equation can be used to solve for in the following diagram?
Choose 1 answer:
А) 105 + (50 – 70) = 90
B) 105 + (5x – 70) = 180
C) 105 = (5x – 70)
D) 105 +90 = (5x - 70)

Answers

Answer:

C) 5x-70=105

Step-by-step explanation:

As marked in the graph, angle 105 and angle (5x-70) equal to each other because they are vertically opposite angles therefore we have equation C)


C) 105 = (5x – 70)
Seems correct

A sphere has a radius of 5 inches. What is its volume?
4
Sphere V= 3
2. Substitute the radius into the formula:
V = 4659
2. Evaluate the power
V = 4(125)
3 Simplify:
VE
It in

Answers

The volume of a sphere with a radius of 5 inches should be 523.6

Please help 6th grade math please please help

Answers

Step-by-step explanation:

the beginning number is the beginning of your range the last number is the end of your range

A store is having a buy one get one 30% off sale. During the sale Christopher buys two pairs of shoes that each have a regular price of 48$. How much does Christopher pay for the two pairs of shoes?

Answers

Answer: He paid $28.08.

2.07x2.4 plz help quick i need this

Answers

Answer:

2.07x2.4=4.968

Step-by-step explanation:

Answer:

4.968

Step-by-step explanation:

Mrs. Hall records the height of 50 students in a spreadsheet the mean height is 60 inches after looking at the date again she realize that the two other observations were allies it must’ve been typos 82 and 86 inches she deleted these two observations what is the new mean rounded to the nearest hundredth

Answers

Answer is in a photo. i couldn’t attach it here, good luck!



Answer:

67. 33 inches

Step-by-step explanation:

[50(68) - 82 - 86] / 48 = 67.33

Figure out the x-intercept and y-intercept in given equation of the line.
6x + 2y = 12

Answers

Answer:

x intercept=2

y intercept=6

Step-by-step explanation:

to find x and y intercepts, plug in 0 for x and y

x intercept-

6x+2(0)=12

6x=12

x=2

y intercept-

6(0)+2y=12

2y=12

y=6

Find the inverse of the one-to-one function. State the domain and the range of the inverse function. {(2, 11), (3, -4), (4, -1), (5, -14), (6, 1)} The inverse function is The domain of the inverse function is The range of the inverse function is

Answers

The inverse function is given by the set of points {(11, 2), (-4, 3), (-1, 4), (-14, 5), (1, 6)}, the domain of the inverse function is {11, -4, -1, -14, 1}, and the range of the inverse function is {2, 3, 4, 5, 6}.

To find the inverse of the one-to-one function defined by the given set of points {(2, 11), (3, -4), (4, -1), (5, -14), (6, 1)}, we need to swap the x-values with the y-values to obtain the reversed pairs of points.

The inverse function is {(11, 2), (-4, 3), (-1, 4), (-14, 5), (1, 6)}.

The domain of the inverse function is the set of all x-values from the original function, which in this case is {11, -4, -1, -14, 1}.

The range of the inverse function is the set of all y-values from the original function, which in this case is {2, 3, 4, 5, 6}.

Therefore, the inverse function is given by the set of points {(11, 2), (-4, 3), (-1, 4), (-14, 5), (1, 6)}, the domain of the inverse function is {11, -4, -1, -14, 1}, and the range of the inverse function is {2, 3, 4, 5, 6}.

Learn more about inverse function here

https://brainly.com/question/11735394

#SPJ11

I need help on this plz

Answers

A & B satisfy the equation

Someone help me please need ASAP​

Answers

Answer:

x = 1/2

Step-by-step explanation:

all of its sides are equal;

4x - 6 = 2x - 5

2x = 1 , x  = 1/2

I don’t have time to do it help me please

Answers

Answer:

4=3  5=10 6= YOu would add more dots accordingly 7=4

Step-by-step explanation:

hoped this helped!

Based on the figures below, are they similar?

Answers

What similar?..................

Answer:

N/A

Step-by-step explanation:

No figures below.

Carly used 15 centimeters of tape to wrap 3 presents. How many presents did Carly wrap if she used 45 centimeters of tape? Assume the relationship is directly proportional.

Answers

Answer: 9 Presents

Explanation: 15/3 = 45/x.
Cross Multiply: 15x= (45)(3)
Simplify: x= 9

Steves pattern: 4, 25, 130, 665. what is steves pattern?

Answers

Answer: (4+1)*5=25; (25+1)*5=130; (130+1)*5=655.

Step-by-step explanation:

My restaurant budget should not go over $100. If I bought main dish for $50 and $12 for each pizza, how many pizza's can I buy?

inequality :
50 + 12x ≤ 100

How many pizza's can I buy?

Answers

Answer:

x = 25

Step-by-step explanation:

50 + 12x <_ 100

12x <_ 100 - 50

12x <_ 50

x <_ 50 / 12

x <_ 25

You can buy about 4 pizzas.

I didn't use the way that I probably should have but you can subtract 50 from 100 and then divide the 50 by 12 and you will get 4.1666667.

Other Questions
How much of farmed aquaculture in the US consists of oysters? If for a particular market a drop in price from $100 to $50 causes quantity supplied to decrease from 3 million to 2 million units we can say that supply: a. is elastic b. is inelastic c. is perfectly inelastic d. is perfectly elastic e. has a price elasticity whose numerical value is exactly equal to one Adrian can purchase an 11-pound item from several different sellers. Which is the best buy?1. Buy online for $50 plus pay shipping and handling costs of $0.89 per pound.2. Buy online for $57 plus pay shipping and handling costs of $0.49 per pound.3. But at a local store where the price is $60 and use a $5-off coupon.4. Buy at a local store where the items regular price is $58 and it is on sale for 10% off State three reasons why to pursue a sports master's. Explaineach in detail. hey besties i have a question i fw anime like i really do and i think i wanna cosplay but im like top tier popular so should i just like not I'm for sure gonna get bullied. Decide whether the composite functions, fog and gof, are equal to x. f(x) = * 1,5 g(x) = 2x - 5 - +5 2 O No, no O Yes, yes O Yes, no O No, yes. Indicate whether the given structure is more involved with hearing or equilibrium:A. PinnacleB. Cochlear nerveC. Otolithic membraneD. VestibuleE. Pharyngotympanic tubeF. StapesG. Tensor tympani muscleH. HelicotremaI. MaculaeJ. Basilar membraneK. Round windowL. CristaeM. Semicircular canalsN. Spiral organO. SacculeP. UtricleQ. CochleaR. Vestibular nerveS. Cupulae Why did american women as a whole not get ahead financially in the 1970s despite concerted campaigns and legislative gains?. Which time period is theunderlined passage of Sec. 15from Saki's "The OpenWindow" referring to?A. pastB. presentC. future Write a static generic method PairUtil.minmax that computes the minimum and maximum elements of an array of type T and returns a pair containing the minimum and maximum value. Require that the array elements implement the Measurable interface of Section 10.1.2. Please see picture. Which statement must be true? What were the major impacts of Covid-19 on the economy ofPacific Country (Kiribati and RMI) AND Caribbean/West IndiesCountry (antigua and barbuda)? Brianna has a 50$ online gift certificate from a book store. The cost of each book is $9. There is also a shipping charge of 5$ for her entire order. How many books can Brianna buy without spending more than her gift certificate amount? Can someone please help me find the sum of each interior angle measure of the polygon, and can you please explain. I need help on both of these questions. starting a maintenance and security safety checklist may be helpful in addressing the important balance between sufficient building security and: Which of the following statements about civil rights in China is false?A. There is no freedom of speech.B. There is no freedom of the press.C. There are many political parties.D. Protests against the government are not allowed.Please select the best answer from the choices provided D John, Paul, and Sonia all attend the same school, but are in different grades. John is in the 6th grade, Paul in 7th, and Sonia in 8th. John get homework 65% of the time, Paul get homework 80% of the time, and Sonia get homework 85% of the time. Factoring all three students into the probability, what is the probability that on any given day only John gets homework Help me for more points right answer only what was William McKinley role in the annexation of Hawaii HELP ASAP.....HURRY HURRY