subject
Mathematics, 21.05.2020 22:08 MissDumb1

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?

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 15:30, cbaillie8462
20 only answer if 100% sure most high school-aged teens are very active. a. true b. false
Answers: 2
image
Mathematics, 21.06.2019 16:30, joshuasanders8862
Which expression is equivalent to sq-80
Answers: 2
image
Mathematics, 21.06.2019 16:30, jayjay5246
Translate this phrase into an algebraic expression. 21 more than twice goran's savings use the variable g to represent goran's savings. need to know fast.
Answers: 1
image
Mathematics, 21.06.2019 23:50, ranchgirljls
Find the interior angle of a regular polygon which has 6 sides
Answers: 1
You know the right answer?
An insurance policy sells for $600. Based on past data, an average of 1 in 50 policyholders will fil...

Questions in other subjects:

Konu
Mathematics, 09.10.2019 22:30