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Business, 10.06.2020 06:57 emblemhacks

Sammy used his past health history and information about his doctor visits to create this table to compare health costs with and without insurance. Description of ServiceProbability of Needing the ServiceCost with Insurance PlanCost Without Insurance Plan annual premium100%$1,580$0 single doctor visit30%$25$350 two doctor visits18%$50$700 medication6%$24$75 What is the expected value of each option? The expected value of health care without insurance is $ . The expected value of health care with insurance is $ .

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