Mathematics, 07.03.2021 23:40, ctyrector
Last year, 20% of all claims were for weather-related damage (excluding floods), with an average weather-related damage claim being $6,500. What is the expected value (loss or gain) per weather-related claim to Acasa for every customer who chooses plan B?
-$1,380
-$180
$100
$1,180
Acasa Insurance Company offers several plans for home insurance.
Plan A has a $700 yearly premium with a $3,000 deductible.
Plan B has a $1,200 yearly premium with a $1,000 deductible.
Answers: 1
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Ariana starts with 100 milligrams of a radioactive substance. the amount of the substance decreases by 20% each week for a number of weeks, w. the expression 100(1−0.2)w finds the amount of radioactive substance remaining after w weeks. which statement about this expression is true? a) it is the difference between the initial amount and the percent decrease. b) it is the difference between the initial amount and the decay factor after w weeks. c) it is the initial amount raised to the decay factor after w weeks. d) it is the product of the initial amount and the decay factor after w weeks.
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Last year, 20% of all claims were for weather-related damage (excluding floods), with an average wea...
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