Mathematics, 28.04.2021 20:40 yachtboy1917

QUESTION 10 of 10: You pay $1,000 for your insurance policy that covers up to $1 million in losses. If the insurance company just broke even on similar policies, which of the following is closest to the odds the insurance company assumes for your making a claim of $1 million?

O a) 1 in 2
Ob) 1 in 5
c) 1 in 50
d) 1 in 1,000

Answers: 3

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QUESTION 10 of 10: You pay $1,000 for your insurance policy that covers up to $1 million in losses....