This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A store specializing in electronics is to open in one of two malls. If the first mall is selected, ... (Read 420 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Feb 2, 2020

Question 1

A 25 year old can purchase a one-year life insurance policy for $10,000 at a cost of $100.  Past history indicates that the probability of a person dying at age 25 is 0.0015.  Determine the company's expected gain per policy.
◦ 85
◦ 15
◦ 985
◦ 115

Question 2

A store specializing in electronics is to open in one of two malls. If the first mall is selected, the store anticipates a yearly profit of if successful and a yearly loss of 70,000 otherwise.  The probability of success is .  If the second mall is selected, it is estimated that the yearly profit will be if successful; otherwise, the annual loss will be . The probability of success at the second mall is . What is the expected profit at each of the two malls?
◦ first mall: $172,500; second mall: $87,500
◦ first mall: $155,000; second mall: $87,500
◦ first mall: $172,500; second mall: $135,000
◦ first mall: $155,000; second mall: $135,000
Thinking Mathematically ¦ Blitzer ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Metfan725 on Feb 2, 2020

Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Feb 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


Metfan725

  • Member
  • Posts: 552
Reply 2 on: Feb 2, 2020
:D TYSM

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

The oral cavity. Anterior view of the open mouth. The oral cavity. Anterior view of the open mouth.
Selected Miscellaneous Antibacterials Selected Miscellaneous Antibacterials
OPEN GLOVING 1 OPEN GLOVING 1
A combination wrench has an open end at one end and a box end at the other end. A combination wrench has an open end at one end and a box end at the other end.
Selected Topical Corticosteroids for Dermatological and Oral Lesions Selected Topical Corticosteroids for Dermatological and Oral Lesions
Open palmar friction moving back and forth over the lumbar and thoracic regions. Open palmar friction moving back and forth over the lumbar and thoracic regions.
Video: Junction Types - Tight and Adherens Junctions

For a complete list of videos, visit our video library