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1)Suppose that insurance companies are allowed to charge different rates for auto insurance based on age and gender2, and explain in detail what will happen
1)Suppose that insurance companies are allowed to charge different rates for auto insurance based on age and gender2, and explain in detail what will happen to an insurance company that charges teenage males the same rates for automobile insurance as it charges its other customers.
2)What is the expected value of a random toss of a fair, six-sided die?
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