Mathematics
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?

answer
Answers: 1

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An insurance company estimates the probability of an earthquake in the next year to be 0.0013.
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