You insurance policy on your car costs $600 a year. if you total your vehicle,
you insurance c...
Mathematics, 12.12.2019 02:31 milkshakegrande101
You insurance policy on your car costs $600 a year. if you total your vehicle,
you insurance company will pay $25,000 towards a new vehicle. the
probability that you will total your car is .002. what is your annual expected
value?
a $550
b -$550
c $24350
d -$24350
Answers: 2
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