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Business, 10.08.2021 02:20 elricardo34

The annual premium for a ​$15,000 insurance policy against the theft of a painting is ​$250. If the​ (empirical) probability that the painting will be stolen during the year is 0.03​, what is your expected return from the insurance company if you take out this​ insurance?

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The annual premium for a ​$15,000 insurance policy against the theft of a painting is ​$250. If the​...
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