An insurance policy sells for $600. Based on past data, an average of 1 in 100 policyholders will file a $10,000 claim, an average of 1 in 200 policyholders will file a
$40,000 claim, and an average of 1 in 400 policyholders will file a $60,000 claim. Find the expected value to the company) per
policy sold. If the company sells 10,000 policies, what is the expected profit or loss?

The expected value is?
(Simplify your answer.)
The expected is (Profit or loss) is?
(Simplify your answer.)

i think the answer is true

step-by-step explanation:

a

step-by-step explanation:

jeff jeff

step-by-step explanation:

a.) list the factors of 40.

1/2/4/5/8/10/20/40

b.) list the factors of 40 that represent the number of cans that could be on each shelf.

5

c.) how many different arrangements of cans are possible?

just one because if you put more on one shelf you will go way over 40 and the cabinet will probably break.

d.) what are the possible arrangements of the cans?

put 5 cans on each self to reach 40 cans in total.

e.) which arrangement uses all the shelves?

5 because you can put 5 cans on each shelf, and since there are 8 shelfs you are equally going to get 40 cans.