HELPPP
Suppose that you head an insurance company. Your most popular insurance policy has a premium of $600 and a deductible of $1,000. This insurance policy provides your state’s minimum coverage of $30,000 for injury or death to one person, $50,000 for injury or death to two or more people, and $10,000 for damage to property, which is called 30/50/10 coverage.

Assume that, on average, 2 of your 100 customers have an accident every year. One of the accidents causes damage to property and the other causes injury or death to one person. Both drivers file for the maximum claims. After paying the claims, will your company still profit from the premiums collected in a year? Explain your answer

Answers

Answer 1

Answer:

Yes they will profit $22,000

Step-by-step explanation:

First find total money:

100 customers * $600 premium

= $60,000

add deductibles ($1000) because they are paying for the accident:

=$62,000

Then find the subtractions:

"One of the accidents causes damage to property and the other causes injury or death to one person."

based on the 30/40/10 coverage:

-$30,000 for injury or death to One person

-$10,000 for property damage

62,000 - 40,000 = 22,000

Overall profit : $22,000

I think I did that right...

Answer 2

The company will earn the profit of $22,000.

Profit= $22,000.

What is insurance deductible ?

The amount you pay for covered health care services before your insurance plan starts to pay.

It is given that:

Most popular premium= $600

According to question there is estimation of 100 person

Total money = 100 customers * $600 premium

                    = $60,000

The deductible amount is $1000 because they are paying for the accident.

So, the deductible amount is= $2000

Total deductible amount =$62,000

As one of the accidents causes damage to property and the other causes injury or death to one person.

So, based on 30/40/10 coverage there will be:

-$30,000 for injury or death to One person-$10,000 for property damage

So, the profit will be: 62,000 - 40,000

                                 = $22,000

Overall profit : $22,000

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Related Questions

The average height of Sally, Jackson, Tina and David is 150 cm per
person. The average height of Sally, Jackson and Tina is 145 cm per
person. Tina is 5 cm taller than David. Jackson is 4/5 as tall as
David. How tall is Sally? (in centimeters)

Answers

Answer:

129 cm

Step-by-step explanation:

The total height of all the people: 150 × 4 = 600 cm

The total height of Sally, Jackson and Tina: 145 × 3 = 435 cm

David’s height: 600 – 435 = 165 cm

Tina’s height: 165 + 5 = 170 cm

Jackson’s height: 170 × 4/5 = 136 cm

Therefore, Sally’s height: 600 – 165 – 170 – 136 = 129 cm

Thenks and mark me brainliest :))

The height of Sally will be 133 centimeters and the height of Jackson is 132cm.

What is the solution to the equation?

The distribution of weights to the variables involved that establishes the equilibrium in the calculation is referred to as a result.

The average height of Sally, Jackson, Tina, and David is 150 cm per person. Then the equation is given as,

(S + J + T + D) / 4 = 150

S + J + T + D = 600  ...1

The average height of Sally, Jackson, and Tina is 145 cm per person. Then the equation will be

(S + J + T) / 3 = 145

S + J + T = 435      ...2

Tina is 5 cm taller than David. Then the equation will be

T = D + 5  ...3

Jackson is 4/5 as tall as David. Then the equation will be

J = (4/5)D    ...4

From equations, 1 and 2, then we have

435 + D = 600

D = 165 cm

From equation 4, then we have

J = (4/5) x 165

J = 132 cm

From equation 3, then we have

T = 165 + 5

T = 170 cm

From equation 2, then we have

S + 132 + 170 = 435

S = 133 cm

The height of Sally will be 133 centimeters.

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Probability!
A spinner has an equal chance of landing on either red, blue, green, or yellow. You spin five times. What is the probability that spinner lands on yellow exactly two times?​

Answers

10

you 5×2=10

that how you get your answer

Which of the following can be used to evaluate the series?

Answers

What’s the equation so I can help

Answer put the question smarty

Step-by-step explanation:

The figure below shows a right triangle with a square made from its hypotenuse. What is the area of the square?

Answers

Answer:

50cm^2

Step-by-step explanation:

side length is square root 50 so you multiply  square root 50  by  square root 50 which gives you 50

Question 7
A cylindrical water tank carries a volume of 150 L when it is full. The water tank has a base surface
with a diameter of 140 cm. What is the height of the water tank? Round your answer to three decimal
digits.​

Answers

Answer:

Volume of a Cylinder:

In geometry, a cylinder is a three-dimensional shape with a circular base, a circular top and straight sides. It is the solid figure that you get when you rotate a rectangle about one of its sides. In most cases when we talk about the volume of a cylinder, we are talking about how much liquid it can hold.

The strictly correct way of saying it is "the volume surrounded by a cylinder" - the amount of liquid it holds. But many textbooks simply tell "the volume of a cylinder" to mean the same thing.

Remember that the radius and the height must be in the same units - convert them if necessary.

The resulting volume will be in those cubic units. So if the height and radius are both in centimeters, then the volume will be in cubic centimeters.

The volume of a cylinder is found by multiplying the area of its top or base by its height and is defined as: V = π· r2· h

Example 1: A cylindrical water storage tank has an inside base radius of 7m and depth of 11 m. Find the capacity of the tank in kiloliters (1kl = 1m3).

Solution:

Base radius: r = 7 m

Height: h = 11 m

The water storage tank is in the shape of the cylinder. So using the volume of cylinder formula we can find the volume of it.

V = π· r2· h

V = π· 72· 11

V = 1692.46 m3 = 1692.46 kl

Example 2: Find the volume of a cylinder whose base radius is 6 cm and height is 4 cm.

Solution:

Base radius: r = 6 cm

Height: h = 4 cm

V = π· r2· h

V = 3.14· 62· 4

V = 452.16 cm3

Example 3: If the capacity of a cylindrical tank is 1848 m3 and the diameter of its base is 14 m, find the depth of the tank.

Solution:

Let the depth of the tank be h metres. Then we have:

V = π· r2· h

h = V / π· r2

h = 12 m

Example 4: A conical vessel, whose internal radius and height is 20cm and 50 cm respectively, is full of liquid. Find the height of the liquid if it is put into a cylinder whose base radius is 10 cm.

Solution:

The volume of the vessel is:

V = π ∙ r2 ∙ h / 3

V = π · 202· 50 / 3

V = 20944 cm3

The volume of the liquid is the same no matter it is in the vessel or in the cylinder, therefore we have:

V1 = V2, where V1 is the volume of the vessel and V2 is the volume determined using the formula for a cylinder.

20944 = π · 102 · h

Thus:

h = 20944 / (π · 102)

h = 66.67 cm

Example 5: Find the volume of a right circular cylinder whose curved surface area is 2640 cm2

And the circumference of its base is 66 cm.

Solution:

To begin with we need to determine the base radius using the formula for circular perimeter (circumference).

P = 2 · π ·r

r = P /(2 · π) = 66 / (2 · π) = 10.50 cm

Now we will find the height of the cylinder using the formula for surface area of a cylinder.

SA = P · h

h = SA / P = 2640 / 66 = 40 cm

The volume of the cylinder is therefore:

V = π· r2· h

V = π· 10.502· 40

Please help I have to be at 100% in Khan :( Look at the Image I give Brainliest

Answers

Answer:

Look below

Step-by-step explanation:

2/3  -  1/4 = m

Hope this Helps!

The coefficients corresponding to k = 0, 1, 2, ..., 6 in the expansion of (x + y)6
are
A. 0, 6, 15, 20, 15, 6, 0
B. 1, 6, 15, 15, 6, 1
C. 1, 6, 15, 20, 15, 6, 1
D. 0, 1, 6, 15, 15, 6, 1,0

Answers

I think the answer is c.

According to the Oxnard College Student Success Committee report in the previous year, we believe that 18% of students struggle in their classes because they don't spend more than 8 hours studying independently outside of a 4-unit class. For this year, you would like to obtain a new sample to estimate the proportiton of all Oxnard students who struggle in their classes because they don't study enough outside of the classrooms. You would like to be 99% confident that your estimate is within 5% of the true population proportion. How large of a sample size is required

Answers

Answer:

A sample size of 392 is required.

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]1-\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

z is the zscore that has a pvalue of [tex]1 - \frac{\alpha}{2}[/tex].

The margin of error is:

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

18% of students struggle in their classes because they don't spend more than 8 hours studying independently outside of a 4-unit class.

This means that [tex]\pi = 0.18[/tex]

99% confidence level

So [tex]\alpha = 0.01[/tex], z is the value of Z that has a pvalue of [tex]1 - \frac{0.01}{2} = 0.995[/tex], so [tex]Z = 2.575[/tex].

You would like to be 99% confident that your estimate is within 5% of the true population proportion. How large of a sample size is required?

A sample size of n is required.

n is found when M = 0.05. So

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

[tex]0.05 = 2.575\sqrt{\frac{0.18*0.82}{n}}[/tex]

[tex]0.05\sqrt{n} = 2.575\sqrt{0.18*0.82}[/tex]

[tex]\sqrt{n} = \frac{2.575\sqrt{0.18*0.82}}{0.05}[/tex]

[tex](\sqrt{n})^2 = (\frac{2.575\sqrt{0.18*0.82}}{0.05})^2[/tex]

[tex]n = 391.5[/tex]

Rounding up:

A sample size of 392 is required.

9 in
4 in
What is the length of the hypotenuse? If necessary, round to the nearest tenth.

Answers

Answer:

9.8in

Step-by-step explanation:

i think this right

Divide using common factors.
(x - 9) ÷ x^2 – 81

Answers

Answer: Hello Luv.......

Factor the numerator and denominator and cancel the common factors.

−(81−1x+9x2)

Step-by-step explanation:

Hope this helps. Mark me brainest please.

Anna ♥

PLEASE I need help really bad I only have 10 minutes left to turn it in!! I’ll mark you as brainliest please!!!

Answers

Answer:

Area=76.8

Perimeter=49.6

Good luck!

Solve equation by using the quadratic formula.
15x^2 + 13x = 0

Answers

Answer:

0 and - 13/15

Step-by-step explanation:

ion
What is the total surface area of a pyramid with a square base with sides of 12 cm, where the faces
have a slant height of 15 cm?
15 cm
On this side.
A
= 0.3333333
12 cm
O A 144 cm?
OB 234 cm
OC 360 cm
OD 504 cm?

Answers

Answer: 504

Step-by-step explanation:

Area: 4 triangles + square

Triangle area = 1/2 x b x h

Square = side x side

4(1/2 x 12x 15) + 12x12

= 504

The owner of Maumee Ford-Volvo wants to study the relationship between the age of a car and its selling price. Listed below is a random sample of 12 used cars sold at the dealership during the last year.

Car Age (years) Selling Price ($000) Car Age (years) Selling Price ($000)
1 9 8.1 7 8 7.6
2 7 6 8 11 8
3 11 3.6 9 10 8
4 12 4 10 12 6
5 8 5 11 6 8.6
6 7 10 12 6 8


Required:
a. Determine the regression equation.
b. Estimate the selling price of a 10-year-old car (in $000).
c. Interpret the regression equation (in dollars).

Answers

Answer:

ŷ = -0.47876X + 11.17724

$6.4

Step-by-step explanation:

Given the data :

Car Age (years) Selling Price ($000) Car Age (years) Selling Price ($000)

1 9 8.1 7 8 7.6

2 7 6 8 11 8

3 11 3.6 9 10 8

4 12 4 10 12 6

5 8 5 11 6 8.6

6 7 10 12 6 8

The estimated regression equation using a linear regression calculator is :

y = -0.47876X + 11.17724

With - 0.47876 being the slope ; and 11.17724 being the intercept

y = predicted variable (price of car) ; x = predictor variable (Age of car)

Selling price of a 10 year old car : x = 10

ŷ = -0.47876(10) + 11.17724

Price = 6.38964

About 6.4(000) dollars ($6,400)

According to the regression equation : The starting price of cars is about $11.18 (intercept) with the proved of cars declining by a value of $0.479(negative slope value) each year.

Find the missing value in the ratio table. Then write the equivalent ratio

Answers

Answer:

The missing value in shirts is 28, and the missing value in jackets is 14.

Step-by-step explanation:

What is the domain for this function, (x+2)/(x-3)? *
all real numbers except x=2
all real numbers except x=-2
all real numbers except x=3
all real numbers except x=-3

Answers

Answer:

C

Step-by-step explanation:

x-3≠0

x≠3

so C

Answer:

it is C

Step-by-step explanation:

i just took the test

She didn't see him either. (into affirmative)​

Answers

Answer:

i Don't know this but other's can help you.

The combination for a lock uses three of the digits 1, 2, 3, and 4. How many three-digit combinations can the lock have? Explain your answer.

Answers

Answer:

24

Step-by-step explanation:

First you start by writing down all the combinations that start with each number. Then you just write the left over numbers and you'll end up with 24 because the is six of each starting number. Ex: 123, 132, 134, 143, 124, 142...

1. Use a straightedge to construct a line that goes
through points A and B. Label the line l.
2. Which axis is parallel to line l?
10
Which axis is perpendicular to line l?
3
Plot two more points on line l. Name them Cand D.
51
4. Give the coordinates of each point below.
B.
A:
B:
С.
D:
0
5
10
5. Give the coordinates of another point that falls on line l with a y-coordinate greater than 20.
My

Answers

Answer: A

2". 1. 0 a. Put a square box at the origin of the number line. b. Plot point C so it is located at 2 ... d. Plot a point at the midpoint of C and E. Label it H. Lesson 2. 1. Name the ... 2. Line & passes through point H and is parallel to the y-axis. Construct line l.



Step-by-step explanation:



Step-by-step explanation:

Janet can shovel snow from her driveway in 65 minutes. Jim can do the same job
in 35 minutes. How long would it take Janet and Jim to shovel the driveway if they
worked together?

Answers

Answer:

about 23 minutes

Step-by-step explanation:

(65x35)/(65+35)= 2,275/100= 22.75 minutes (or 23 if rounded)

A jewelry store is featuring a diamond in the shape of a square pyramid. The side length of

the diamond is 8 millimeters and the slant height is 6 millimeters.

Answers

Answer:

128√5/3 mm³

Step-by-step explanation:

Since we are not told what to find, we can as well look for the volume of the pyramid

Volume of a square pyramid: V = (1/3)a²h

a is the side length of the square

h is the height of the pyramid

Given

a = 8mm

l² = (a/2)² + h²

l² = (a/2)² + h²

6² = (8/2)² + h²

h² = 6² - 4²

h² = 36 - 16

h² = 20

h = √20

Volume of a square pyramid =  (1/3)*8²*√20

Volume of a square pyramid = 1/3 * 64 * 2√5

Volume of a square pyramid = 128√5/3 mm³

Why are blurring the answers

Answers

Answer:

? sorry what?

Step-by-step explanation:

F(x) =-6-3x/2. g(x)=2x+4

Answers

Answer:

correct

Step-by-step explanation:

my brain be smart

Name the 4Ps of marketing.

Answers

Answer:

Product – Attributes of an organization or offering within this segment include delivery system design, technology, quality, services provided and their availability.

Price – This silo of the marketing mix includes costs to users/supporters, payment periods, arrangements and terms. Note: Some have also argued “costs” are more than dollars … a full cost analysis should include emotional (for those seeking greater purpose, advancements, victory), sacrificial (for people giving time, energy, focus) and relational (what does one’s association with an organization do for their relationships … will people think more or less of them).

Place – An often-overlooked part of the marketing mix, this “P” covers strategy and executional elements surrounding service distribution channels, coverage, locations, logistics and e-services.

Promotion – Likely the most known aspect of the marketing mix, this piece considers strategies and tactics related to advertising, logo/identity and promotions. But it also covers development/fundraising, communications, events and public relations as they are all tools to be considered and deployed as part of the greater marketing and branding strategy.

which system or equation is represented in the graph?

(A) y=-2
x-2y=6


(B) y=-2
x+2y=6



(C) y=-2
2×-y=3



(D) y=-2
2×+y=-3

Answers

Answer:

[tex] (A)\displaystyle \begin{array} {ccc} \displaystyle y = - 2 \\ x - 2y = 6\\ \end{array} [/tex]

Step-by-step explanation:

Equation of the blue line:

since the line is horizontal and passes -2 the equation of the blue line should be

[tex] \displaystyle \large y = - 2[/tex]

Equation of the red line:

remember The form of equation of a line

[tex] \displaystyle \boxed{ \displaystyle y = mx + b}[/tex]

where m is slope of the line and b is the y-intercept we can clearly see that the red line crosses y-axis at (0,-3) therefore b=-3

to figure out m we can consider the following formula:

[tex] \displaystyle m = \frac{ \Delta y}{ \Delta x} [/tex]

from the graph we acquire ∆y=1 and ∆x=2

thus substitute:

[tex] \displaystyle m = \frac{ 1}{ 2} [/tex]

so we have figured out m and b

therefore our equation of blue line is

[tex] \displaystyle y = \frac{1}{2} x - 3[/tex]

our given options are in standard form so

move -3 to left hand side and change its sign:

[tex] \displaystyle y + 3= \frac{1}{2} x [/tex]

cross multiplication:

[tex] \displaystyle 2y + 6= x[/tex]

move 6 to right hand side and x to left hand side and change its sign

[tex] \displaystyle - x + 2y = - 6[/tex]

multiply both sides by -1:

[tex] \displaystyle x - 2y = 6[/tex]

hence, our system of linear equation is

[tex] \displaystyle \begin{cases} \displaystyle y = - 2 \\ x - 2y = 6\\ \end{cases}[/tex]

Order the following numbers from least to greatest. Put the lowest number on the left. 2 -2 5 -5

Answers

Answer:

-5,-2,2,5

Step-by-step explanation:

Please can someone help will give brainliest. No links or will get banned?

Answers

Answer:

F

Step-by-step explanation:

9/15- ratio of two legs of the smaller triangle

13.5/x- ratio of two legs of the larger triangle

9/15= 13.5/x

cross multiply

9x= 202.5

x=22.5

In 2013 the Los Angeles Dodgers opening
day payroll was about $2.16 10^8 and the
Houston Astros opening day payroll was
about $2.4 x 10^7. How much higher was
the Dodgers' payroll?

Please help, I’m bad at math.

Answers

Answer: 1.92 x 10^8

Step-by-step explanation:

If x - 12y= -210 and x -6y=90, then x=

Answers

Answer: x = -30

Step-by-step explanation:

y = -20 by using process of elimination substitute y as -20 in either of the equations you get -30 for x

The solution to the system of equations is x = 390 and y = 50. The value of x is equal to 390.

To find the value of x, solve the system of equations using the method of  substitution . Let's use the method of elimination:

Given equations:

x - 12y = -210                      (1)

x - 6y = 90                          (2)

To eliminate x, we can subtract equation 2 from equation 1:

(x - 12y) - (x - 6y) = (-210) - 90

Simplifying the equation:

x - 12y - x + 6y = -210 - 90

-6y = -300

Divide both sides of the equation by -6:

y = -300 / -6

y = 50

Now, substitute the value of y back into either equation:

x - 6(50) = 90

Simplify the equation:

x - 300 = 90

Add 300 to both sides of the equation:

x = 90 + 300

x = 390

Therefore, the solution to the system of equations is x = 390 and y = 50.

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A company would like to advertise that their new fishing line has an average breaking strength greater than 15 kilograms. The lines breaking strength is known to vary in the population on average 2.8 kilograms. To test the breaking strength of their new product the company takes a random sample of 50 lines, the average strength measure is 16.1 kilograms. What type of procedure should they use to test whether there evidence that the average strength of the new fishing line is greater than 15 kilogram.

Answers

Answer:

A right-tailed test should be used to test whether there evidence that the average strength of the new fishing line is greater than 15 kilogram.

Step-by-step explanation:

Type of procedure:

We want to test if the breaking strength is greater than a value, which means that the type of procedure used to solve this question is a right-tailed test, which is when we find the probability of having a mean higher than the sample mean found.

Other types of procedures:

Not related to this question speficially, but to similar problems.

To test if a measure is less than another measure, the procedure used is a left-tailed test.

To test if a measure is different from another measure, the procedure used is a two-tailed test.

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