Mathematics, 29.09.2019 03:30 chavez0
It is estimated that there are 21 deaths for every 10 million people who use airplanes. a company that sells flight insurance provides $100,000 in case of death in a plane crash. a policy can be purchased for $1. calculate the expected value and thereby determine how much the insurance company can make over the long run for each policy that it sells. the expected value is $1 (round to the nearest cent.)
Answers: 2
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It is estimated that there are 21 deaths for every 10 million people who use airplanes. a company th...
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