Mathematics
Mathematics, 04.10.2021 21:30, andrewcamp99

Out of 5000 policies for cell phones, a company received 585 claims. The average amount paid on the claims was $80. If the annual cost of the policy was $48, what was a customers expected value of the cell phone insurance policy? -$9.36
$5.13
-$38.64
$9.36

answer
Answers: 2

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Out of 5000 policies for cell phones, a company received 585 claims. The average amount paid on the...

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