Answer:
Step-by-step explanation:
Expected payment= 0.000514*55000= 28.27
which would round to 29
the insurance company should charge a premium of at least $28 to have a positive expectation for the policy.
To determine the premium the insurance company should charge, we need to calculate the expected value of the policy. The expected value is the sum of the products of each possible outcome and its probability.
Let's break down the calculation step by step:
1. Probability of survival: The probability that the insured person will survive one year is 1 minus the probability of dying within one year. So the probability of survival is 1 - 0.000514 = 0.999486.
2. Payout in case of survival: If the insured person survives, there is no payout since the insurance policy is for a one-year term.
3. Payout in case of death: If the insured person dies within one year, the payout is $55,000.
Now we can calculate the expected value:
Expected value = (Probability of survival * Payout in case of survival) + (Probability of death * Payout in case of death)
Expected value = (0.999486 * $0) + (0.000514 * $55,000)
Expected value ≈ $28.27
The insurance company should charge a premium that exceeds the expected value of the policy to have a positive expectation. Since the expected value is approximately $28.27, the premium should be set higher than that.
Rounding up to the nearest dollar, the insurance company should charge a premium of at least $28 to have a positive expectation for the policy.
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7. The Taylor Rule states that the central bank should set the short-term nominal interest rate (i)
based on the inflation gap [the difference between inflation (3.14) and desired inflation (3.14*)] and the
output gap (the percentage difference between real GDP (Y) and potential GDP (Y*) An
example of a Taylor Rule would be the formula
i - 3.14 = 1.5 +0.5(3.14-3.14*) +0.5 (Y-Y*/Y*)
The term on the left-hand side is the real interest rate. Consider the following table
Inflation rate (3.14), %
Target inflation rate (3.14*), %
Output gap, %
Real interest rate
Nominal interest rate
Base Scenario Scenario B Scenario C
4.0
20
2.0
20
0.0
20
20
20
00
a. Fill in the real and nominal interest rates chosen by the policy maker in the base scenano
b. How does scenario B differ from the base scenario in terms of the inflation and output gaps?
Calculate the real interest rate. Has the real interest rate moved in the direction that would
move the inflation rate toward its target?
c. How does scenario C differ from the base scenario in terms of the inflation and output gaps?
Calculate the real interest rate. Has the real interest rate moved in the direction that would
move output toward the potential level?
d. Suppose a new chair of the central bank is appointed and she switches to a new policy rule of
the form given in the next equation. Recalculate the real and nominal interest rates for the
three scenarios. What has been the effect of the change in weights?
i-3.14=1.5 +0.75(3.14-3.14*) +0.25(Y-Y*/Y*)
The weight on the inflation gap has increased from 0.5 to 0.75. The real interest rate is 16.86% and Nominal interest rate is 20%
a. In the base scenario, the real interest rate will be 20%, and the nominal interest rate will be 20%.
b. In scenario B, inflation rate will be higher (4%) compared to the base scenario (3.14%).
Output gap is 0% in both the scenarios, however, in the base scenario inflation gap is 0% (3.14 - 3.14) and in scenario B, inflation gap is 0.86% (4 - 3.14).
Now, let's calculate the real interest rate.
Real interest rate in base scenario = 20% - 3.14%
= 16.86%.
Real interest rate in scenario B = 20% - 3.14% + 1.5 + 0.5 (4-3.14) + 0.5 (0-0/0)
= 19.22%.
The real interest rate has moved in the direction to move inflation rate towards its target.
c. In scenario C, the output gap will be 20% compared to 0% in the base scenario.
Inflation gap is 0% in both the scenarios
Inflation rate is 3.14% and in scenario C, inflation rate is 2%.
Let's calculate the real interest rate. Real interest rate in the base scenario = 20% - 3.14%
= 16.86%.
Real interest rate in scenario C = 20% - 2% + 1.5 + 0.5 (3.14 - 3.14) + 0.5 (20-0/20)
= 20.15%.
Real interest rate in scenario C = 20% - 2% + 1.5 + 0.75 (3.14-3.14) + 0.25 (20-0/20) = 18.78%.
The new policy rule has changed the weight of the output gap in the Taylor Rule from 0.5 to 0.25.
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Pablo used a total of 5 3/4 gallons of gas while driving his car. Each hour he was driving, he used 5/6 gallons of gas. What was the total number of hours he was driving? Write your ans
Keep Moving! Read each problem and then, solve
1. What is the probability that you get a white chip from a box with 1 black chip, 1 white chip, and 1 red chip?
2. What is the probability that you get an 8 when you are rolling a number cube? 3. From a letter cube (A, B, C, D, E, and F), what is the probability that a B is on top when you roll the cube?
4. Mila and 3 other applicants apply for a job. What is the probability that Mila gets hired?
The probabilities of cases 1, 2, 3, and 4 will be 1/3, 5/36, 1/6, and 1/4 respectively.
What is probability?Its simple notion is that something will most likely occur. The favorable event's proportion to the overall number of occurrences.
The probability is given as
P = Favorable event / Total event
1. The probability that you get a white chip from a box with 1 black chip, 1 white chip, and 1 red chip will be
P = 1/3
2. The probability that you get an 8 when you are rolling a number cube will be
P = 5/36
3. From a letter cube (A, B, C, D, E, and F), Then the probability that a B is on top when you roll the cube will be
P = 1/6
4. Mila and 3 other applicants apply for a job. Then the probability that Mila gets hired will be
P = 1/4
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netry B Unit 5 Test 2023 Unit Test: Unit 5 Test 2023: Geometry Applications The maximum altitude currently allowed by drones is 400 feet, which is approximately 0.12 km. This is to ensure that drones do not interfere with other aircraft or cause safety hazards. If cameras in a drone are set to film toward the horizon, what is the greatest distance that can be filmed, given that the radius of the Earth is approximately 6378 km? Round your answer to the nearest kilometer.
The greatest distance that can be filmed by the drone is 6374.5 km. Rounded to the nearest kilometer, 6375 km.
Now, For the greatest distance that can be filmed by a drone with a maximum altitude of 0.12 km, we can use the Pythagorean theorem.
Let's a right triangle with one leg being the radius of the Earth 6378 km and the other leg being the maximum altitude of the drone 0.12 km.
Hence, The hypotenuse of this triangle represents the line of sight from the drone's camera to the horizon.
Hence, By Using the Pythagorean theorem, we can solve for the length of the hypotenuse:
h² = 6378² + 0.12²
h = √40684000.145
h = 6374.5 km
Therefore, The greatest distance that can be filmed by the drone is 6374.5 km. Rounded to the nearest kilometer, 6375 km.
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Diven {x) = 3x- 1 and 9(x) = 2x-3, for which value of x does g(X) = {2)?
The calculated value of x at g(x) = 2 is x = 2.5
How to determine the value of x at g(x) = 2from the question, we have the following parameters that can be used in our computation:
f(x) = 3x - 1
Also, we have
g(x) = 2x - 3
When g(x) - 2, we have
2x - 3 = 2
So, we have
2x = 5
Divide by 2
x = 2.5
Hence, the value of x at g(x) = 2 is x = 2.5
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Picture below
mathematics
Answer:
false
Step-by-step explanation:
5/9 is .5 repeating
Oliver saves 10% of his weekly earnings for living expenses. He usually makes $520 each week. This week he made 10% more. Oliver incorrectly claims that he has $520 left for spending money this week.
Answer:
10% of $520
=$52
Money made this week :
$520+$52=$572
Saving:
10% of $572
=$57.2
Money left:
$572-$57.2=$514.8
Please mark as brainliest
Answer: We have been given that,
Oliver's weekly earnings = $520
His earnings this week = 10% of $520 +$520
= $520+$52= $572
As he saves 10% of his weekly earnings so he would have been left with
= 10% of $572
= $57.2
So, he only has $52.7 left for spending money this week
Step-by-step explanation:
Mr. Khumalo has a Standard Bank Account. The cash deposiverser d counter (branch deposit) services includes air for of R10,39 plus K1,95 per R100 or part thereof, with a mininium charge of R16,00. What is the minimum amount that a person can be chaped for a cash deposit Mr Khumale deposited R4 550,00 over the counter at Standard Bank (2)
The minimum amount that Mr. Khumalo can be charged for the cash deposit is R99.12.
To calculate the minimum amount charged for a cash deposit over the counter at Standard Bank, we'll use the given information.
The deposit charge includes an initial fee of R10.39, and an additional fee of K1.95 per R100 or part thereof, with a minimum charge of R16.00.
First, we calculate the additional fee based on the deposit amount:
Additional fee = (Deposit amount / 100) x K1.95
For Mr. Khumalo's deposit of R4,550.00:
Additional fee = (4,550.00 / 100) x 1.95
Additional fee = 88.725
Next, we compare the additional fee to the minimum charge of R16.00:
If the additional fee is less than the minimum charge, the minimum charge applies. Otherwise, the additional fee is charged.
Since the additional fee of R88.725 is greater than the minimum charge of R16.00, the additional fee will be charged.
Finally, we add the initial fee and the additional fee to get the total charge:
Total charge = Initial fee + Additional fee
Total charge = R10.39 + R88.725
Total charge = R99.115
Therefore, the minimum amount that Mr. Khumalo can be charged for the cash deposit is R99.12.
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f(x)=x²-3x + 12
g(x) = 5x + 8
Find: (gof)(x)
Answer: 5x²-15x+68
Step-by-step explanation:
f(x)=x²-3x + 12
g(x) = 5x + 8
(gof)(x)=
g(f(x))=
g(x²-3x + 12)=
5(x²-3x + 12)+8=
5x²-15x + 60+8=5x²-15x+68
6. The tables show the monthly costs for two different Internet service providers.
What will be the difference in the cost of the two plans after 18 months?
Company A
Month, x
1
234
Total Cost ($), y
75
110
145
180
Company B
Month, x
1
2
3
4
Total Cost ($), y
60
110
160
210
Based on the information provided, it is expected that after 18 months, the difference in the cost of the two plants is 240.
What will be the cost for the two plants after 18 months?By following the sequence provided on the table, let's calculate the cost for each plant:
Plant A: 75, 110, 145, 180, 215, 250, 285, 320, 355, 390, 425, 460, 495, 530, 565, 600, 635, 670.
Plant B: 60, 110, 160, 210, 260, 310, 360, 410, 460, 510, 560, 610, 660, 710, 760, 810. 860, 910
Now, let's calculate the difference in cost:
910 - 670 = 240
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what is the LCM of 8 and 10 is ______. Numerical Answers Expected! Answer for Blank 1
Answer:
40
Step-by-step explanation:
Answer:
Least common multiple (LCM) of 8 and 10 is 40.
Step-by-step explanation:
8: 8, 16, 24, 32, 40, 48, 56, 64, 72, 80
10: 10, 20, 30, 40, 50, 60, 70, 80, 90, 100
Common Mutiples: 40 and 80
LCM: 40
What is the mode of this data set?
{4, 15, 6, 11, 7, 4, 3, 14}
Answer:
4
Step-by-step explanation:
A mode is the number having the highest frequency, that is, the number which occurs the most times. (The number which occurs the most here is 4, there are two 4s. You only have one of the rest of the numbers.)
Misha is thinking of a negative integer greater that -4. What number could she be thinking of?
The sum of two numbers is 12. The difference of the two numbers is 6. What are the two numbers?
Answer:
3 and 9
Step-by-step explanation:
x+y=12
y-x=6
y-x=6
+x. +x
y=6+x
x+(6+x)=12
6+2x=12
-6. -6
2x=6
/2. /2
x=3
3+y=12
-3. -3
y=9
Hopes this helps please mark brainliest
Find the equation of a line that passes through (5.3) and (4,5).
Answer:
y=-2x+13
Step-by-step explanation:
m=(y2-y1)/(x2-x1)
m=(5-3)/(4-5)
m=2/-1
m=-2
y-y1=m(x-x1)
y-3=-2(x-5)
y=-2x+10+3
y=-2x+13
What is the percent of 1 - 3√(5/35) ?
Answer:
1 - 3√(5/35) = 1 - 3√(1/7) = 1 - 3*(1/sqrt(7)) ≈ 0.0755
0.0755 * 100 = 7.55%
Step-by-step explanation:
To find the percentage of 1 - 3√(5/35), we need to first evaluate the expression.
1 - 3√(5/35) = 1 - 3√(1/7) = 1 - 3*(1/sqrt(7)) ≈ 0.0755
To convert this decimal to a percentage, we simply multiply by 100:
0.0755 * 100 = 7.55%
Which expression calculates the speed in meters per second of an object that travels a distance of 40 m every 10 s?
10 ÷ 40
40⋅10
40 + 10
40 ÷ 10 PLEASE HELP ASAP
which of the binomials below is a factor of this trinomial
x^2-13x+30
The binomials (x - 3) and (x - 10) are factors of the trinomial x² - 13x + 30.
To determine which binomial is a factor of the trinomial x² - 13x + 30, we need to factorize the trinomial completely.
In this case, we need to find two binomials in the form (x - a)(x - b) that satisfy the equation:
(x - a)(x - b) = x² - 13x + 30
So, (x - 3)(x - 10) = x² - 13x + 30.
Therefore, the binomials (x - 3) and (x - 10) are factors of the trinomial x² - 13x + 30.
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Match the system of linear equations on the left with its solution type on the right
1. Y=2x-1
Y=2x+1
2. Y-4x=-2
Solution for the given System of linear equation is:
Infinite number of solution(2, -3)(-2, 4)Infinite number of solutionWhat are System of equation?Simultaneous equations, system of equations Two or more equations in algebra must be solved jointly (i.e., the solution must satisfy all the equations in the system). The number of equations must match the number of unknowns for a system to have a singular solution.
There are four methods to solving systems of equations: graphing, substitution, elimination and matrices.
Given, the system of linear equations on the left with its solution type on the right
For Y=2x-1 and Y=2x+1
Adding both equation, we will get y = 4x
Thus, these equations have infinite number of solution
For 2x - y = 7 and 3x + y = 3
Adding these equations
5x = 10
x= 2
Substitute the value in equation 1
y = -3
Thus, solution is (2, - 3)
therefore, the Solution for the given System of linear equation is:
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Complete question:
The shop stocks 3 times as many Coca-Colas as Coke Zeros. There are a total of 36 on the shelf. How many of each type of drink are there?
Please explain thank youu!
Answer
There are 12 coke zeros and 24 coca-colas
Step-by-step explanation:
If there are 36 drinks in total and the shop stocks 3 times as many cokes than coke zeros you would have to divide 36 by 3 and that gets you 12 coke zeros and to check your work you can do 12 times 3 which would be 3 times the cokes which makes a total of 36 and 36 - 12 = 24 cokes.
a) In a certain lottery game you choose a set of six numbers out of 45 numbers. Find the probability that none of your numbers match the six winning numbers. (4 pts)
b) An experiment consists of picking at random a bit string of length four. Consider the following events:
E: the bit string chosen begins with 01;
E2: the bit string chosen ends with 10.
Determine whether E, and E₂ are independent. Show your work. (6 pts)
a) The probability of not matching any of the six winning numbers is the probability that all six numbers chosen by the player are not among the six winning numbers. The probability of choosing a number that is not a winning number is 39/45 since there are 45 total numbers and only 6 are winning numbers. The probability of choosing six non-winning numbers is:
(39/45) x (38/44) x (37/43) x (36/42) x (35/41) x (34/40) = 0.4361
hence, the probability that none of the player's numbers match the six winning numbers is approximately 0.4361.
b) To determine if events E and E2 are independent, we need to check if the probability of both events occurring is equal to the product of their individual probabilities.
The probability of E, the event that the bit string chosen begins with 01, is 1/4. This is because there are four possible bit strings that begin with 01: 0100, 0101, 0110, and 0111, and there are 16 possible bit strings in total (2^4).
The probability of E2, the event that the bit string chosen ends with 10, is also 1/4. This is because there are four possible bit strings that end with 10: 0010, 0110, 1010, and 1110.
The probability of both E and E2 occurring is the probability of choosing a bit string that begins with 010 and ends with 10. There are two such bit strings: 0101 and 0100. Since there are 16 possible bit strings, the probability of both E and E2 occurring is 2/16 = 1/8.
To determine if E and E2 are independent, we need to check if the probability of both events occurring is equal to the product of their individual probabilities. That is, we need to check if:
P(E and E2) = P(E) x P(E2)
Substituting the probabilities we have calculated, we get:
1/8 = (1/4) x (1/4)
Since this equation is true, we can conclude that events E and E2 are independent.
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Find the length and width of the actual room, shown in the scale drawing. Then find the
area of the actual room. Round the final answer, if necessary, to the nearest tenth.
8.5 in.
6 in.
5 in.:6 ft
feet, the width is about
The length is about
about
square feet.
feet, and the area is
Answer:
Just put this in your calculator I've shown you how to do the conversion
Eight teachers each bring 5 boxes of corn muffins to school event. The muffins are shared equally among 240 students.
If Eight teachers each bring 5 boxes of corn muffins to school event. The muffins are shared equally among 240 students. Each student will receive 5/6 muffins.
How to find the muffins each student will receive?If each of the 8 teachers bring 5 boxes of corn muffins, the total number of boxes of muffins is 8 * 5 = 40 boxes.
Since there are 240 students and the muffins are to be shared equally, each student will receive 40 boxes / 240 students = 1/6 of a box of muffins.
So, each student will receive 5 muffins / 6 = 5/6 muffins.
Therefore Each student will receive 5/6 muffins.
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the shortest side of a right triangle measures 7m. The lengths of the other two sides are Consecutive integers. What is the length of the other two sides?
The lengths of the other two sides of the right triangle are 24m and 25m, respectively.
Let's assume the consecutive integers representing the lengths of the other two sides of the right triangle are x and x + 1, where x is the smaller integer. We are given that the shortest side measures 7m. Now, we can use the Pythagorean theorem to solve for the lengths of the other two sides.
According to the Pythagorean theorem, in a right triangle, the square of the length of the hypotenuse (the longest side) is equal to the sum of the squares of the lengths of the other two sides.
Using this theorem, we have the equation:
\(7^2 + x^2 = (x + 1)^2\)
Expanding and simplifying this equation, we get:
\(49 + x^2 = x^2 + 2x + 1\)
Now, we can cancel out \(x^2\) from both sides of the equation:
49 = 2x + 1
Next, we can isolate 2x:
2x = 49 - 1
2x = 48
Dividing both sides by 2, we find:
x = 24
Therefore, the smaller integer representing the length of one side is 24, and the consecutive integer representing the length of the other side is 24 + 1 = 25.
Hence, the lengths of the other two sides of the right triangle are 24m and 25m, respectively.
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Subtract the linear expressions.
(45x−5)−(13x+4)
What is the difference?
Enter your answer in the box. Enter fractions as simplified fractions.
Answer:
32x-9
Step-by-step explanation:
(45x−5)−(13x+4)
Subtract the like terms: 45x with 13x since they both have x and -5 and 4. 45x-13x=32x ; -5-4=9
Put them together: 32x-9
Determine the value of x in the figure.
Question 20 options:
A)
x = 9
B)
x = 3
C)
x = 6
D)
x = 4.5
Step-by-step explanation:
Hey there!
Your required answer is option B.
Here,
Given,
The figure is an equilateral triangle with, side (7x+9) and (x+27).
By the defination of equilateral triangle we have,
All sides of equilateral triangle are equal.
So,
\(( 7x+ 9) = x + 27\)
Simplify them to get answer.
\(7x - x = 27 - 9\)
\(6x = 18\)
\(x = \frac{18}{6} \)
Therefore the value of x is 3.
Hope it helps...
The value of x in the figure is:
B) x = 3
How to determine the value of x in the figure?Trigonometry deals with the relationship between the ratios of the sides of a right-angled triangle with its angles.
The signs on the three sides of the triangle indicate that all the sides of the figure are equal. Thus, we can say:
7x + 9 = x + 27
7x - x = 27 - 9
6x = 18
x = 18/6
x = 3
Therefore, the value of x is 3.
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Simplify: –3(y + 2)2 – 5 + 6y.
Answer:
-17
Step-by-step explanation:
–3(y + 2)2 – 5 + 6y
(–3y -6)2 – 5 + 6y
-6y -12 - 5 + 6y
-17
Each week 9 3/4 dozen eggs are sold.
How long will 95 1/2 dozen eggs last?
Answer:
it will be approximately 10 weeks
Step-by-step explanation:
A polynomial P has non-negative integer coefficients. If P(1) = 8 and P(10) = 2312, what is P(2)?
9514 1404 393
Answer:
32
Step-by-step explanation:
If coefficients are positive integers, then the polynomial cannot be higher degree than 3. 10^4 = 10,000, so even a coefficient of 1 will give too large a value. P(1) = 8 tells us that the sum of coefficients must be 8, so we cannot have a degree lower than 3.
The sum of digits in 2312 is 8, so it works out that the polynomial is ...
P(x) = 2x^3 +3x^2 +x +2 . . . . matches P(1) = 8 and P(10) = 2312
Then P(2) is ...
P(2) = ((2·2 +3)2 +1)2 +2
P(2) = 32
Help plz I don’t rlly know
Answer:
13 ft
Step-by-step explanation:
Perimeter is 48 so all four sides add to 48
You know width is 11 so 2x11 is 22.
Subtract the width from the total 48-22=26
Then because you are missing 2 sides divide the answer by 2.
26/2=13