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Shirhan is an engineer who launched two branches of workshop at Gombak and Petaling Jaya last month. As an owner of the business, he realizes
Shirhan is an engineer who launched two branches of workshop at Gombak and Petaling Jaya last month. As an owner of the business, he realizes that company's costs may not be high with certainty. The capital for Gombak and Petaling Jaya branches are RM50,000 and RM67,800 respectively. The probability of loss occur for Gombak is 0.07 with cost equal to RM18,500. However, the probability of loss occur for Petaling Jaya is 0.10 with cost of loss equal to RM20,400. Shirhan already review for three different policies and the following is the information for each policy: Based on the information above, calculate and justify the expected wealth of each insurance policy for each assembly units
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