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Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
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whatsupgirl16 whatsupgirl16
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4 years ago
Provide an appropriate response.

An automobile insurance company estimates the following loss probabilities for the next year on a $25,000 sports car:

Assuming the company will sell only a $500 deductible policy for this model (i.e., the owner covers the first $500 damage), how much annual premium should the company charge in order to average $500 profit per policy sold?
Textbook 
Statistics: Informed Decisions Using Data

Statistics: Informed Decisions Using Data


Edition: 5th
Author:
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h00304413h00304413
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whatsupgirl16 Author
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4 years ago
this is exactly what I needed
Shassta22
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Yesterday
Brilliant ツ
AlahuKakpar
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2 hours ago
This site is awesome
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