Question: On the last slide you determined that the expected value that the insurance company will have to pay over a six month period for each
On the last slide you determined that the expected value that the insurance company will have to pay over a six month period for each customer with no risk factors is $380. For this Desmos activity, let's assume that the insurance company has an overhead cost of $100 per customer (this is roughly the typical amount). Using the formula on the second slide, see if you can determine what the six month premium will be for someone with no risk factors and enter it below
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