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Mathematics, 03.08.2019 23:40 xjsg

Acasa insurance company offers two plans for home insurance. plan a has a $750 yearly premium with a $3,000 deductible. plan b has a $1,200 yearly premium with a $1,000 deductible. last year, 20% of all policyholders made damage claims. the average claim amount was $6,500. the expected value per claim for every customer who chooses plan b is $ the expected value per claim for every customer who chooses plan a is $

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