Assume that the probability of a driver getting into an
accident is 4.2% and that the average cost of an accident is
$29,500. If the driver's insurance premium is $1354.00, what
is the overhead cost for the insurance company to insure the
driver?
A. $160
B. $190
C. $115
D. $290
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Assume that the probability of a driver getting into an accident is 4.2% and that the average cost of an accident is $29,500. If the ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
After a 17 price reduction a boat sold for $27,390. what was the boats price before the reduction
Answers (1)
Which process is responsible for moving water around the Earth?
Answers (1)
Why is it important to represent these unknown values with variables
Answers (1)
Larry is trying to predict how long it will take him to read a 500-page book. If he knows that he can read 50 pages an hour, what is the value of the dependent variable?
Answers (1)
Paul has a tack stuck in his four-wheeler tire. If the tire has a diameter of 36 inches, how far does the tack travel in 62° of rotation? A. 31π B. 18π C. 31 pi over 5
Answers (1)
New Questions in Mathematics
A right triangle has legs that are 15 feet and 25 feet long. What is the length of the hypotenuse?
Answers (1)
What is the answer (10+66-4to the power of 2) : (3+3) in order of operations
Answers (2)
Rhonda multiplied 6.3 by 0.01. Which statement about the product is true? A. The product will be greater than 6.3. B. The product will be equal to 6.3. C. The product will be less than 6.3.
Answers (2)
Use WeUES U Hyucu Clues 1 It is greater than 25 X 60 and less than 40 X 45. Six of the digits are even. Only two of the digits are the same. The hundredths digit is the greatest of all of the digits.
Answers (1)
Faith had $100. She went to the grocery store and bought three gallons of ice cream for $7.29 each. Then she went to the farmer's market and bought two dozen ears of corn for $5/dozen. How much money did faith have left
Answers (2)