An insurance policy sells for $600. Based on past data, an average of 1 in 50 policyholders will file a $5,000 claim, and average of 1 in 100 policyholders will file a $10,000 claim, and an average of 1 in 200 policyholders will file a $30,000 claim. What is the expected value per policy sold?

see explanation

step-by-step explanation:

since the sequence is geometric there is a common ratio r between consecutive terms, that is

r = 4 ÷ - 2 = - 2

r = - 8 ÷ 4 = - 2

r = 16 ÷ 8 = - 2

the next term - 13 must be incorrect as it should be - 32 for the sequence to be geometric.

the first 4 terms are therefore geometric with common ratio r = - 2

the first one

step-by-step explanation:

just id the test.

whole number data type

step-by-step explanation:

as whole number type represents whole number

like 1, 2 ,3, 4

in other words the whole numbers are those numbers which cannot be written infraction.

since we can take days as a whole number i.e 1 day 2 day and we cannot write 1.2 day hence we will use whole number data type

тнєу єα¢н яαи 32 мιℓєѕ

step-by-step explanation:

нσρє ι ¢συℓ∂ нєℓρ уσυ συт тσ∂α!