A tree cutting business has an insurance policy to cover any damages caused during the tree cutting process. The business pays an annual premium of $1,500 for a policy that covers up to $500,000 in damages. The probability of a tree causing damage is 0.002. What is the expected value?

what are the statments

step-by-step explanation:

the answer would be  

a.

3: 1

step-by-step explanation:

answer: 12/52

step-by-step explanation: my reasoning is that there are 12 face cards in a deck and a total of 52 cards in all.

answer: hence, function will be

explanation:

since we have given that

cost of a new textbook = $85

according to question, the resale value of a textbook decreases by 25% with each previous owner,

so, our function becomes,

here, y is the total value of the text book after x owners.

hence, function will be