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D Question 9 5 pts Insurance for an appliance costs $20 and the insurance company will guarantee to refund $100 if the insured item breaks
D Question 9 5 pts Insurance for an appliance costs $20 and the insurance company will guarantee to refund $100 if the insured item breaks within 3 years. The insurance company estimates that 5% of the insured items will break within 3 years. Let X be the random variable that assigns to each outcome (item breaks, or not) profit to the company. A negative value of X is a loss. What is the expected value of X (i.e. the expected profit to the company for each insurance policy) 26.15 O 14 19.16 O 5.5 D Question 10 5 pts You play tennis against a player that you have a 20% chance of winning. What is the probability that you win no game out of 6 games? 0.738 44 F3 F4 F5 F6 F7 F8 F9 F10 % & EK
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