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Mathematics, 28.10.2019 02:31 snikergrace
An insurance company estimates the probability of an earthquake in the next year to be 0.0013. the average damage done by an earthquake it estimates to be $60,000. if the company offers earthquake insurance for $100, what is their expected value of the policy?
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An insurance company estimates the probability of an earthquake in the next year to be 0.0013. the a...
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