An insurance company estimates the probability of an earthquake in the next year to be 0.0013.
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Mathematics, 29.10.2019 11:31 onlinebby7878
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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