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Acasa Insurance Company offers two plans for home insurance.Plan A has a$750yearly premium with a$3,000deductible.Plan B has a$1,200yearly premium with a$1,000deductible.Last year,20%of all policyholders made
Acasa Insurance Company offers two plans for home insurance.Plan A has a$750yearly premium with a$3,000deductible.Plan B has a$1,200yearly premium with a$1,000deductible.Last year,20%of all policyholders made damage claims.The average claim amount was$6,500.
The expected value per claim for every customer who chooses plan B is$_.The expected value per claim for every customer who chooses plan A is$_.
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