Brenda, the vice president of human resources at FSE Inc., meets with the executive committee to discuss planning for future job openings at the vice president level. Brenda advises the committee that sending some high-potential employees to an assessment center would be beneficial, although a full-day assessment could cost $20,000. Which of the following statements supports Brenda's recommendation?

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value