Suppose a company charges an annual premium of $475 for a fire insurance policy. In case of a fire claim, the company will pay out an average of $100,000. Based on actuarial studies, it determines that the probability of a fire claim in a year is 0.004. What is the expected annual profit of a fire insurance policy for the company?
$

What annual profit can the company expect if it issues 1000 policies?
$

Answers

Answer 1

Answer:

Step-by-step explanation:

1)

the expected annual profit of a fire insurance policy for the company is

475-(100000*0.004)=475-400=75$ of average profit

2)

thus, the expected annual profit of the fire company from 1000 advanced policies is

75*1000=75000$


Related Questions

Simplify. multiple choice PLEASE HELP

Answers

Answer:

[tex]\frac{y}{y+x}[/tex]

First option

For the inverse variation equation p=8/V, what is the value of V when p=4?

Answers

4 = 8 / V
4V = 8
V = 8/4
V = 2

Answer:

for the inverse variation equation p = 8/v, the value of v when p= 4 is 2.

Can someone please tell me which option?!?

Answers

Answer:

I’m pretty sure it the third one

Step-by-step explanation:

Solve 27 = 3^4x + 1? a) 1/4 b)1/2 c)2 d)4

Answers

Answer:

[tex]x=1/2[/tex]

Step-by-step explanation:

[tex]27 = 3^{4x+1}[/tex]

[tex]3^3 = 3^{4x+1}[/tex]

[tex]3=4x+1[/tex]

[tex]2=4x[/tex]

[tex]2/4=x[/tex]

The value of x in the given equation is 1/2

What is an equation?

An equation is a formula that expresses the equality of two expressions, by connecting them with the equals sign =.

Given is an equation, [tex]27 = 3^{4x+1}[/tex]

Solving for x,

3³ = [tex]3^{4x+1}[/tex]

Therefore,

3 = 4x+1

4x = 2

x = 2/4

x = 1/2

Hence, the value of x in the given equation is 1/2

Learn more about equation, click;

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Is it possible to draw a quadrilateral that is not a parallelogram but has 1 pair of parallel sides?

Answers

Answer:

No

Step-by-step explanation:

Because thats the rule of Math

Answer:

A quadrilateral with one pair of parallel sides is a trapezoid. If it has two pairs of parallel sides it is a parallelogram

Step-by-step explanation:

HELP PLEASE WIll GIVE A GOOD VOTE

Answers

Answer:

d) √2/2

Step-by-step explanation:

cos∠E= 5/5√2= 1/√2=√2/2

Correct option is d)√2/2

which set of measurement could be the interior angle measures of a triangle??

Answers

Answer:

D

Step-by-step explanation:

D is correct

Step by step:

15 times x = 45 solve for x and i will be marking as brainliest for the first/correct answer

Answers

Step-by-step explanation:

15 x =45

x = 45/15

x= 3 ans

Answer: x = 3

Step-by-step explanation:

15x = 45

x = 45/15 = 3

find the area shaded in yellow

Answers

Answer:

Step-by-step explanation:

You'll do height by width. Or base by height.

So let's say 6 cubes by 11 cubes.

A = 66.

Others, please correct me if I'm wrong.

Write an equation that shows the relationship between cost in dollars (y) and weight (x).
x 2 3 4 6 y 13 19.5 26 39

Answers

Answer:

y=7

that should be right

For which of the following situations would the order that items are chosen not matter? Finding the number of ways to choose a carrot and broccoli out of 10 vegetables. Finding the number of ways to choose Al, Bob, and Carl out of a class of 30 students. Finding the number of ways to choose 2 vegetables out of 10. Finding the number of ways to choose 3 students out of a class of 30. Finding the number of ways to choose 4 letters out of 12.

Answers

Answer:

yes

Step-by-step explanation:

Answer: Finding the number of ways to choose 4 letters out of 12

Step-by-step explanation:

The two situations above didn’t even mention letters. One situation mentioned carrot and broccoli out of 10 vegetables. The other situation mentioned Al, Bob and Carl out of a class of 30 students.

The number of letters (4) out of total letters (10) doesn’t matter because it wasn’t one of the two previously mentioned situations.

Struggling pls help me

Answers

Answer:

Coordinates of the transformed triangle:

A' (2, 1)

B' (6, 6)

C' (9, -2)

Step-by-step explanation:

Coordinates of ABC:

A (-3, 0)

B (1, 5)

C (4, -3)

Applying the transformation (x+5, y+1) we get:

A (-3, 0) -> (-3+5, 0+1) = (2, 1) which is the coordinate of A'

B (1, 5) -> (1+5, 5+1) = (6, 6) which is the coordinate of B'

C (4, -3) -> (4+5, -3+1) = (9, -2) which is the coordinate of C'

Write and solve an inequality or multiple inequalities to describe the possible values of x.

Answers

Answer:

x < 5.1

Step-by-step explanation:

Let's define:

α: opposite angle to side 8 on the left triangleβ: the angle between sides 8 and 10 on the left trianglex: missing side of both triangles

Using Law of Sines we can find x, as follows:

10/sin(95°) = 8/sin(α)

sin(α) = sin(95°)*8/10

α = arcsin(0.8) = 53.13°

β = 180° - 95° - 53.13° = 31.87°

x/sin(β) = 10/sin(95°)

x = 10/sin(95°)*sin(31.87°)

x = 5.3

On the other hand, we know that the addition of the two shorter sides of a triangle must be greater than the long side of the triangle. Therefore:

8 + 5.3 > 3x - 2

Solving:

8 + 5.3 + 2 > 3x  

15.3/3 > x

5.1 > x

or

x < 5.1

The value of x from the given inequality is x < 5.1

Inequality expressions

Inequality expressions are expressions that are not equal to each other

Given the following variables;

α: opposite angle β: the angle between sides 8 and 10ex: missing side

Using the sine law to determine the value of x

10/sin(95°) = 8/sin(α)

sin(α) = sin(95°)*8/10

α = arcsin(0.8) = 53.13°

β = 180° - 95° - 53.13° = 31.87°

x/sin(β) = 10/sin(95°)

x = 10/sin(95°)*sin(31.87°)

x = 5.3

Also, using the rule that states that the addition of the two shorter sides of a triangle must be greater than the long side of the triangle. Hence;

8 + 5.3 > 3x - 2

8 + 5.3 + 2 > 3x  

15.3/3 > x

5.1 > x

x < 5.1

Hence the value of x from the given inequality is x < 5.1

Learn more on inequality here: https://brainly.com/question/24372553

Solve for x: z(14x−2y)=7 if z equals 0 Solve for x: z(14x−2y)=7 if z does not equal 0

Answers

Answer:

[tex]z = 0[/tex]; x doesn't have a solution[tex]z\neq 0[/tex]; [tex]x = \frac{1}{14}(\frac{7}{z} + 2y)[/tex]

Step-by-step explanation:

Given

[tex]z(14x -2y)=7[/tex]

Required;

Solve for x, when

[tex]z = 0[/tex][tex]z\neq 0[/tex]

[tex]z(14x -2y)=7[/tex]

Divide both sides by z

[tex]\frac{z(14x -2y)}{z} = \frac{7}{z}[/tex]

[tex]14x -2y = \frac{7}{z}[/tex]

Add 2y to both sides

[tex]14x -2y + 2y= \frac{7}{z} + 2y[/tex]

[tex]14x = \frac{7}{z} + 2y[/tex]

Divide both sides by 14

[tex]\frac{14x}{14} = \frac{1}{14}(\frac{7}{z} + 2y)[/tex]

[tex]x = \frac{1}{14}(\frac{7}{z} + 2y)[/tex]

The above expression is the value of x when [tex]z\neq 0[/tex]

To solve for when z = 0, we simply substitute 0 for z

[tex]x = \frac{1}{14}(\frac{7}{z} + 2y)[/tex]

[tex]x = \frac{1}{14}(\frac{7}{0} + 2y)[/tex]

0 cant't divide any number; hence, from the above expression we conclude that

[tex]x = \ u\ n\ d\ e \ f\ i \ n\ e\ d[/tex]

or

x doesn't have a solution

Simplify the expression below. If your answer is not a whole number, enter it
as a fraction in lowest terms, using the slash mark (/) as the fraction bar.
8 = (5 - 7) + 12 = (-3)

Answers

Answer:

3/2 is the answer to the question

I know 8C5=56 but I tried using the formula but I dont get 56 for my answer can someone pls explain how to work it out. 10 POINTS​

Answers

Answer:

The combination formula is 8! / (8-5)! * 5!

= 8! / 3! * 5!

= 8 * 7 * 6 * 5 * 4 * 3 * 2 * 1/ 3 * 2 * 1  * 5 * 4 * 3 * 2 * 1 (expand)

= 8 * 7 * 6 / 3 * 2 * 1 (5 * 4 * 3 * 2 * 1 cancels on both sides)

= 8 * 7 = 56 (3 * 2 * 1 = 6)

Which of the following line segments is longer than AB?

Answers

PQ, as it is clearly bigger

Answer:

PQ

Step-by-step explanation:

If you look at the picture you will see that PQ is longer than AB and all of the angles.

Jessie is building a ramp for loading motorcycles onto a trailer. The trailer is 2.8 feet
off of the ground. To avoid making it too difficult to push a motorcycle up the ramp,
Jessie decides to make the angle between the ramp and the ground 15°. Find the
length of the ramp. Round your answer to the nearest tenth of foot.

Answers

Answer:

5.9 your welcome

Step-by-step explanation:

Answer:

Step-by-step explanation:

Daniel earned 32 points on a test. If those
32 points were 80% of the total, how
many total points were there?

Answers

Answer:

40 points

Step-by-step explanation:

32 points = 80% or 4/5

if you divide 32 by 4, you get 8+8+8+8=32

that means you need to add 8 to 32 to get the total number of points

PLS HELP ME WITH GEOMETRY

Answers

Answer:

(3, -7) and (1, 2) are solutions to the equation

Step-by-step explanation:

Simply replace the (x, y ) pair of values in the equation and see if the equality holds:

Pair (0, -8) :

9 (0) + 2 (-8) = -16  therefore this pair is NOT a solution of the equation

Pair (3, -7):

9 (3) + 2 (-7) = 27-14 = 13  therefore this pair IS a solution of the equation

Pair (1, 2):

9 (1) + 2 (2) = 9 + 4 = 13  therefore this pair IS a solution of the equation

Pair (4, -5):

9 (4) + 2 (-5) = 36 - 10 - 26  therefore this pair is NOT a solution of the equation

Enter a positive common favor (other than 1) of the fractions numerator and denominator

Answers

Answer:

7

Step-by-step explanation:

You can divide both 14 and 21 by seven and get a whole number.

Answer:

7

Step-by-step explanation:

hope this helps

A jar contains 3 black marbles, 4 white marbles and 5 striped marbles. If a marble is picked at random, what is the probability that it is black? Give your answer as a fraction in lowest terms.

Answers

Answer:

1/4

Step-by-step explanation:

# of black marbles/ total # of marbles

3/(3+4+5)

3/12

1/4

Answer:

1/4

Step-by-step explanation:

3 black marbles, 4 white marbles and 5 striped marbles. = 12 marbles

P(black) = number of black / total

             =3/12

               =1/4

PLEASE HELP


Find the volume of a sphere with diameter 8 inches in terms of pi.

A.64π

B.20483π

C.32π

D.2563π

Answers

2563[tex]\pi[/tex]

Step-by-step explanation:

There are 30 students in the 4th grade math class. 18/30 are boys. What
fraction of the class is girls?
100 points
LE​

Answers

Answer:

12/30 = 2/ 5

Step-by-step explanation:

So firstly, you'll need to subtract 18 from 30.

which gives you 12.

so basically the fractions of girls is 12/ 30

when you divide it to its lowest terms, it becomes 2/5.

Answer:

12/30 of the kids are girls

Step-by-step explanation:

For this problem you have to substract the total number of kids from the boys; 30 - 18 (ignore /30) then you will get girls (12).

To double check you add the boys and girls together to get the whole class.   (18 + 12 = 30)

Solve. x^2 + 3x - 7=0. Enter your answers, as exact values, in the boxes. X= or x=.

Answers

Answer:

Use the quadratic formula

x = [-b  +- sqr root (b^2 - 4*a*c)] / 2a

x = [-3 +- sqr root (9 - 4*1*-7)] / 2

x = (-3 +- sqr root (37) / 2

x1 = 1.5414

x2 =  -4.5414

Step-by-step explanation:

Answer:

I just took the test here's the answer

Step-by-step explanation:

What are the next two terms in this sequence: 3.4, 4.5, 5.6, 6.7, 7.8,__, __? 1) 8.9, 9.10 2) 8.9, 10.0 3) 7.9, 9

Answers

Answer-8.9,8.10
The first number goes up and so does the last. Sorry I explained that awfully.

HURRYYYYYWhat is the first term in the sequence for which d = -2 and a7 = 3?
a.
-6
c.
15
b.
12
d.
-12

Answers

Answer:

[tex]a_1=15[/tex]

Step-by-step explanation:

We are talking about arithmetic progression.

Using the formula:

[tex]a_n=a_1+(n-1) \cdot d[/tex]

[tex]a_7=a_1+(7-1) \cdot d[/tex]

[tex]3=a_1+(7-1) \cdot (-2)[/tex]

[tex]3=a_1+(6) \cdot (-2)[/tex]

[tex]3=a_1-12[/tex]

[tex]a_1=15[/tex]

Answer:

[tex]\huge \boxed{a_1=15 }}[/tex]

Step-by-step explanation:

Using the nth term formula:

[tex]a_n=a_1+dn-d[/tex]

[tex]a_7=3 \\ \\ n=7 \\ \\ d=-2[/tex]

[tex]3=a_1+-2(7)-(-2)[/tex]

Simplifying and solving for the first term.

[tex]3=a_1-14+2[/tex]

[tex]3=a_1-12[/tex]

[tex]15=a_1[/tex]

The first term of the sequence is 15.

Please help the following questions

Answers

The answer is x=17.55 and its wrong im joking brainly telling me to give answers so i could use it idk ita trippin

Answer:

Question 4. Option C,

Question 5. Option A

Step-by-step explanation:

Question 4.

Take a look at the procedure below;

[tex]34 / 5 = x / 6,\\34 * 6 = 5 * x,\\204 = 5 * x,\\\\x = 40.80\\\\Conclusion - Option C[/tex]

To solve this problem, you could have to cross - multiply, and through simple algebra, isolate x.

Question 5.

If Becky charges an amount per hour per baby, to determine the total amount she would earn, multiply the number of hours by the number of babies taken care of, and multiply that amount by the cost she demands per hour per baby;

[tex]Children = 3,\\Hours = 5,\\Amount Charged = 7,\\\\Profit = 3 * 5 * 7 = 105 Dollars,\\\\Conclusion - Option A[/tex]

Look at image please !

Answers

Answer: The answer is A. (1, 4)

Step-by-step explanation:

The answer is A

Refer to picture below for how to solve

(08.02 MC)What is the mean absolute deviation for 9, 7, 6, 8, 7, and 5? 1 2 6 7 please answer in one minute please i am marking brainliest

Answers

Answer:

[tex]M.A.D = 1[/tex]

Step-by-step explanation:

Given

9, 7, 6, 8, 7, 5

Required

Mean Absolute Deviation

The first step is to calculate the mean of the given data;

[tex]Mean = \frac{\sum{x}}{n}[/tex]

where x = 9, 7, 6, 8, 7, 5 and n = 6

[tex]Mean = \frac{9+ 7+ 6+ 8+ 7+ 5}{6}[/tex]

[tex]Mean = \frac{42}{6}[/tex]

[tex]Mean = 7[/tex]

Subtract mean (7) from each data

[tex]9 - 7 = 2\\7 - 7 = 0\\6 - 7 = -1\\8 - 7 = 1\\7 - 7 = 0\\5 - 7 = -2[/tex]

Return the absolute values of each

[tex]|2| = 2\\|0| = 0\\|-1| = 1\\|1| = 1\\|0| = 0\\|-2| =2[/tex]

Calculate mean of the above absolute values

[tex]Mean = \frac{\sum{x}}{n}[/tex]

[tex]Mean = \frac{2+0+1+1+0+2}{6}[/tex]

[tex]Mean = \frac{6}{6}[/tex]

[tex]Mean = 1[/tex]

Hence, the mean absolute deviation of the given data is 1

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