Biodegradable coconut fiber logs are made of coconut fibers surrounded by netting. placed along the shoreline of a lake, they trap sediment and prevent erosion from wave action. seedlings placed into the coconut logs will develop into permanent shoreline vegetation that provides long-term erosion control. these logs are an example o

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value